Market

Dow Jones Futures Surge Over 370 Points Following Fed Chair Powell's Optimistic Speech

Market Responds Positively to Federal Reserve Chair's Remarks

Early Thursday witnessed a significant uptick in US stock futures, with the Dow Jones Industrial Average futures leading the charge by jumping more than 370 points. This surge, amounting to a 0.93% increase, was closely followed by the S&P 500 and Nasdaq 100 futures, which advanced by 1.14% and 1.29% respectively.

Currency Markets Show Slight Adjustments

In the currency markets, the euro experienced a minor decline against the dollar, trading down by 0.24% to $1.13701 at 4:25 am ET. This movement underscores the dynamic nature of global financial markets in response to pivotal economic announcements.