U.S. stocks on the move: Microsoft, Nike, Nektar Therapeutics
SPY•Wall Street’s main indexes edged higher in choppy trading, while Microsoft gained after revamping Copilot with code-generation and agentic AI tools, Nike fell after a bearish analyst view, and Nektar rose after a jury found Lilly breached a drug-partnership contract.
1. Indexes edge higher
At 11:31 EDT on Friday, the Dow was up 0.40%, the S&P 500 0.23% and the Nasdaq Composite 0.27%. The article cited AI optimism and easing oil prices as sentiment factors, while investors monitored efforts to secure a deal to end the Middle East conflict.
2. Company share moves
Microsoft gained after the company revamped Copilot with code-generation and agentic AI tools. Nike fell after Bank of America turned bearish, saying “risks are rising.” Nektar Therapeutics gained after a jury found Lilly breached a contract in a drug partnership dispute.
