Microsoft Corp.
(NASDAQ:MSFT) stock is trading higher by almost 1% on Monday as big-cap technology stocks advance in a broader risk-on session.
The Nasdaq has gained almost 1%, while the S&P 500 is up 0.33%.
Technology is leading all sectors with a 0.9% gain.
Investors are also looking ahead to Microsoft's fiscal fourth-quarter earnings on July 29, with Wall Street closely watching Azure cloud growth, artificial intelligence monetization and capital spending, according to a new Bank of America research note.
