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US stocks rebound…MSFT surges, META drops about 9%

Yahoo Finance +1 ·

MSFT Microsoft Corp
$392.30 -0.27%
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  1. 1US stocks staged a sharp rebound on Thursday morning after Fed-driven selling, with Microsoft (MSFT) leading the tech-sector rally.
  2. 2The Dow rose 0.5%, the S&P 500 0.8%, and the Nasdaq 1.5%; MSFT jumped more than 11% after Azure revenue surpassed $100 billion, while Meta (META) fell about 9%.
  3. 3The 30-year Treasury yield climbed near a multi-year high of 5.24%, and investors remained cautious amid concerns over an Iran strike and AI spending.

This 3-line summary is compiled from the report below.

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