US stocks rise with Nasdaq up 600 points, Dow up 0.69% and S&P 500 up 1.29%. Tech shares up 5%, communication services down 3.3%. Microsoft jumps 15% after strong earnings.
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 600 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.69% to 51,951.16 while the NASDAQ surged 2.54% to 25,063.22.
The S&P 500 also rose, gaining, 1.29% to 7,410.80.
Leading and Lagging Sectors Information technology shares jumped by 5% on Thursday.
In trading on Thursday, communication services stocks fell by 3.3%.
Microsoft leads stock comeback from Wednesday carnage | Fortune
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