US Stock Futures Rally Early Thursday

In a significant early morning surge, US stock futures climbed, with the Dow Jones futures index leading the charge by gaining more than 370 points. This uptick followed a speech by Federal Reserve Chair Jerome Powell, which seemed to reassure investors.

Market Movements at a Glance

At 4:11 am ET, the Dow Jones Industrial Average futures were up by 370 points, or 0.93%. Not far behind, S&P 500 futures advanced by 1.14%, and Nasdaq 100 futures marked an impressive increase of 1.29%.

Currency Markets React

Meanwhile, in currency markets, the euro experienced a slight decline against the dollar, down by 0.24% at 4:25 am ET, trading at $1.13701.