US stocks close higher on Microsoft, Meta earnings

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The Star 14h ago

US stocks close higher on Microsoft, Meta earnings - The Star

Quick Summary:

US stocks advanced on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft and Meta eased concerns about artificial intelligence spending.

The Dow Jones Industrial Average rose 83.60 points, or 0.21%, to 40,752.96, the S&P 500 gained 35.08 points, or 0.63%, to 5,604.14 and the Nasdaq Composite gained 264.40 points, or 1.52%, to 17,710.74.

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