US stock market opens higher on Thursday. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The US stock market opened in the green on Thursday, extending gains after strong quarterly earnings by tech giants.

The tech-heavy Nasdaq Composite gained 0.47% or 90.77 points to open at 22,760.85. The S&P 500 opened 0.31% or 20.55 points higher at 6,691.61. The Dow Jones Industrial Average opened 0.26% or 117.97 points up at 46,371.28.

According to Bloomberg reports, "A solid batch of corporate results in the first few days of the US earnings season helped buoy sentiment toward equities, which have also gained on prospects for more Federal Reserve rate cuts". Besides this, AI growth received a sentiment boost from Taiwan Semiconductor Manufacturing Co. after i

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