Major stock markets on Wall Street kicked off Thursday's session mostly in the positive territory, excluding tech-heavy Nasdaq 100 which stood flat after disappointing tech earnings results over the past few days.
The latest economic data revealed better-than-expected third-quarter GDP results as well as the previous week's jobless claims data. Investors were also expecting the results from tech giants Amazon and Apple, due to be released after the trading ends today.
Facebook parent Meta Platforms dived over 20% on underperforming Q3 results to its lowest since February 2016. On the other hand, Comcast's stock led the gainers' table, recovering losses registered over the past month.
The Dow Jones soared 1.22% or 389 points at the opening bell, while the S&P 500 gained 0.44%. On the other hand, the Nasdaq 100 traded unchanged. The euro tumbled 0.81% against the dollar at 9:30 am ET, returning below parity levels to sell for 0.99990.
