U.S. stocks on the move: Microsoft, 3M, Twilio
SPY•Wall Street’s main indexes edged higher in choppy trading, with the Dow up 0.82%, the S&P 500 up 0.51% and the Nasdaq up 0.56%. Microsoft gained after revamping Copilot with code-generation and agentic AI tools, while Twilio slipped after HSBC cut its rating to reduce.
1. Indexes edge higher
At 1:30 p.m. EDT, the Dow Jones Industrial Average was up 0.82% at 51,771.64, the S&P 500 was up 0.51% at 7,743.27, and the Nasdaq Composite was up 0.56% at 27,090.79. AI optimism buoyed sentiment and oil prices eased as investors monitored efforts to secure a deal to end the Middle East conflict.
2. Company moves
Microsoft shares gained after the company revamped Copilot with code-generation and agentic AI tools. Twilio shares slipped after HSBC cut its rating to “reduce,” citing doubts about AI monetization. Bernstein upgraded 3M, citing a stronger growth and valuation outlook.
