Microsoft's Strong Earnings Propel Nasdaq and Boost Stock Market

1 min read
Source: MarketWatch
Microsoft's Strong Earnings Propel Nasdaq and Boost Stock Market
Photo: MarketWatch
TL;DR Summary

US stocks opened higher on Wednesday, with the S&P 500 gaining 0.2%, the Nasdaq Composite rising 0.8%, and the Dow Jones Industrial Average gaining 0.3%. The boost in the Nasdaq was attributed to a rally in Microsoft shares, while concerns were raised over further declines in First Republic Bank shares following its Monday earnings report.

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