Market

Tech Giants' Earnings in Spotlight as US Stocks Open Mostly Higher Amid Trade Tensions

Investors Shift Focus to Earnings Amid US-China Trade Tensions

As the new trading week begins, major US stock markets are showing mostly gains. The focus has shifted from the ongoing trade tensions between the US and China to the upcoming earnings reports from global tech giants. Companies like Apple, Meta, and Microsoft are all set to announce their financial results this week, drawing significant attention from investors.

Market Performance Highlights

The Dow Jones saw an increase of 0.23%, with Boeing leading the charge by advancing 3.27%. Meanwhile, the Nasdaq 100 traded flat, and the S&P 500 gained 0.16%, buoyed by Intel's impressive 5.2% surge.

Currency Movements

In currency markets, the euro experienced a slight retreat against the dollar, exchanging for 1.13463 at 9:28 am ET, marking a 0.16% decrease.