Trade Talks and Earnings Reports Drive Market Optimism

United States markets experienced a significant uptick on Thursday, fueled by the resumption of trade discussions between the U.S. and China, as announced by former President Donald Trump. Additionally, Trump's positive remarks on expanding trade relations with Norway and rapid progress in talks with South Korea, as mentioned by Treasury Secretary Scott Bessent, further bolstered investor confidence.

Corporate Earnings Highlight Market Sentiment

The market's positive momentum was also supported by a series of earnings reports from major corporations. Procter & Gamble, American Airlines, Comcast, Merck, and PepsiCo released their quarterly results, with Alphabet, Intel, and T-Mobile expected to follow. These reports played a crucial role in shaping the day's trading sentiment.

Market Performance at a Glance

By the close of trading, the Dow Jones Industrial Average had gained 1.23%, the S&P 500 rose by 2.03%, and the Nasdaq 100 climbed an impressive 2.79%. Meanwhile, the euro saw a 0.64% increase against the dollar, trading at 1.13860 by 3:56 pm ET.

Stay tuned for more updates on this developing story...