US opens higher after earnings, data

Thursday, 26. January 2023 15:30

Major stock market indexes in the United States opened higher on Thursday after better-than-expected results in the country's initial jobless claims, gross domestic product (GDP), and durable goods orders. Investors also reacted to earnings reports released the previous evening and earlier in the day, which included Tesla Inc., Comcast Corporation, American Airlines Inc., and Mastercard Inc.

The Dow Jones Industrial Average rose by 0.35% or 112 points at the opening as Chevron Corporation gained 3.19%. The Nasdaq 100 went up by 1.36% or 157 points. The S&P 500 increased by 0.67%. Tesla was the best performer on both indexes as it soared by 10.60% at the opening.

The euro lost 0.12% to the dollar at 9:30 am ET to change hands for $1.09011.

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