Nasdaq Rally Deepens as Microsoft Drives Tech Gains and Yields Climb
TL;DR Summary
U.S. stocks rebounded with the Nasdaq leading gains (about 2.4%), the Dow up roughly 0.8%, and the S&P 500 up about 1.2% as Microsoft jumped over 16% on strong Azure revenue; Meta fell on earnings, while bond yields rose to multi‑decade highs after the Fed held rates and inflation data cooled, signaling cautious but resilient momentum for equities.
- Stock market today: Nasdaq soars, Dow and S&P 500 rebound as Microsoft leads tech gains, bond yields rise Yahoo Finance
- Stocks recover from Fed day sell-off, Nasdaq soars 2% led by chip stocks and Microsoft: Live updates CNBC
- U.S. Stocks Rise Amid Inflation Fears WSJ
- Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak Reuters
- Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings MarketWatch
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