Market Opens Higher on Positive Earnings Reports

Major U.S. stock indexes opened higher on Tuesday, buoyed by strong earnings reports from companies like Lockheed Martin Corporation, RTX Corp., and GE Aerospace. Investors also digested the International Monetary Fund's revised global growth forecast, which now stands at 2.8% due to recent U.S. tariffs.

Indexes Show Significant Gains

The Dow Jones Industrial Average climbed by 1.03%, or 391 points, with 3M Company leading the charge with a 5.32% surge. Similarly, the Nasdaq 100 and S&P 500 saw increases of 1.07% and 0.98%, respectively, highlighting a robust market performance.

Currency Movements

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