US closes higher ahead of tech earnings

Thursday, 28. October 2021 22:00

Major stock markets in the United States closed higher on Thursday, as investors waited for the release of Amazon and Apple quarterly earnings reports and Nasdaq's earlier record high. In other tech news, Facebook rebranded itself as Meta, as the company unveiled its future plans.

Meanwhile, President Joe Biden unveiled his social spending plan, which still faces some opposition from both sides of the aisle.

The Dow Jones ended 0.67% in the green, led by Merck gaining 6.14%. The Nasdaq 100 was up by 1.15% or 179 points at the closing bell, with Regeneron rising 6.04%. The S&P 500 finished 0.98% higher, as Teradyne climbed 11.33%. The euro increased 0.67% against the dollar to trade for $1.16802 at 4:03 pm ET.

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