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US stocks open higher as MSFT earnings ease AI spending concerns

Reuters ·

MSFT Microsoft Corp
$451.60 +15.63%
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  1. 1US equities opened higher on Thursday, powered by Microsoft (MSFT) reporting results above expectations.
  2. 2The Dow opened up 520.1 points (1.01%) at 52,114.27, the S&P 500 up 74.3 points (1.02%) at 7,390.45, and the Nasdaq up 409.1 points (1.67%) at 24,852.047.
  3. 3Investor concerns over companies' massive AI spending eased, and markets also digested GDP and inflation data the day after the Fed's rate decision.

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

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