Market Overview

Major US stock indexes opened higher on Tuesday, buoyed by positive earnings reports from industry giants such as Lockheed Martin Corporation, RTX Corp., and GE Aerospace. Investors are also weighing the International Monetary Fund's revised global growth forecast, which has been adjusted downward due to recent US tariffs.

Index Performance

The Dow Jones Industrial Average climbed by 1.03%, or 391 points, with 3M Company leading the charge with a 5.32% surge. The Nasdaq 100 and S&P 500 also saw significant gains, rising by 1.07% and 0.98% respectively.

Currency Movements

In currency markets, the euro experienced a slight decline against the dollar, trading at $1.14653 by mid-morning.