Microsoft’s best day since 2008 leads U.S. stocks, while inflation worries remain in the bond market
All told, the S&P 500 rose 121.48 to 7,437.63.
The Dow Jones Industrial Average climbed 613.92 to 52,208.06, and the Nasdaq composite leaped 679.24 to 25,122.18.
Microsoft Shares Surge on AI Cloud Growth
- Microsoft set for record one-day market cap gain after upbeat Azure forecast Channel News Asia —
- Blowout Microsoft results lift US stocks as oil retreats Channel News Asia —
- ASX set to jump, Microsoft leads Wall Street rally; Apple results ahead WAtoday —
- Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings MarketWatch —