US Stock Futures Climb as Dow Jones Leads with Significant Gains

Early Thursday witnessed a notable rise in US stock futures, spearheaded by the Dow Jones Industrial Average futures, which soared by more than 370 points. This uptick follows a speech by Federal Reserve Chair Jerome Powell, which has evidently bolstered market confidence.

Market Movements in Detail

At 4:11 am ET, the Dow Jones Industrial Average futures were up by 370 points, marking a 0.93% increase. Similarly, the S&P 500 futures advanced by 1.14%, and the Nasdaq 100 futures saw a 1.29% rise, indicating a broad-based market optimism.

Currency Markets Reaction

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