Market Opens Higher on Positive Earnings Reports

Major U.S. stock indexes opened higher on Tuesday, buoyed by upbeat earnings from Lockheed Martin Corporation, RTX Corp., and GE Aerospace. The market's positive start comes amid investor reactions to the International Monetary Fund's revised global growth forecast, now at 2.8% due to recent U.S. tariffs.

Indexes Show Significant Gains

The Dow Jones Industrial Average climbed 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 gains of 1.07% and 0.98%, respectively, driven by strong performances from companies like MicroStrategy Inc. and Pentair Inc..

Currency Movements

In currency markets, the euro weakened against the dollar, trading at $1.14653 by mid-morning.