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US stocks rise on MSFT surge; 30-year yield hits 19-year high

Reuters ·

MSFT Microsoft Corp
$451.60 +15.63%
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  1. 1US stocks rose Thursday, lifted by Microsoft (MSFT) jumping 15.5%.
  2. 2MSFT's market cap rose by $450 billion, the largest single-day gain ever, and the Nasdaq climbed 2.8%.
  3. 3The 30-year Treasury yield was 5.2444%, a 19-year high, amid concerns over the Fed's lack of vigilance on inflation.

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