Tech Rebound Sends Dow Up 900 Points, Microsoft Rises 1.19%
The Dow surged over 900 points for its biggest gain since May, with S&P 500 and Nasdaq up more than 1% as Nvidia jumped 7.61% and Microsoft rose 1.19%. The tech-led rally lifted sentiment though both the S&P and Nasdaq remain lower on the week.
1. Broad Market Rebound
Stocks rallied midday as investors returned to beaten-down tech names, propelling the Dow up more than 900 points for its largest one-day gain since May. The S&P 500 and Nasdaq both climbed over 1%, driven by strength in megacap names.
2. Microsoft’s Contribution
Microsoft shares rose 1.19% on the session, outpacing the overall tech sector’s average performance. The rebound in cloud and AI stocks, led by Nvidia’s 7.61% gain, boosted Microsoft’s sentiment despite lingering weekly losses across major indexes.
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