Stocks rebound on Microsoft boost
U.S. stocks jumped on Thursday, giving the Nasdaq its biggest daily percentage gain since March, as Microsoft`s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares.
The Dow Jones Industrial Average rose 400.93 points, or 1.63 percent, to 24,984.35, the S&P 500 gained 49.5 points, or 1.86 percent, to 2,705.6 and the Nasdaq Composite added 209.94 points, or 2.95 percent, to 7,318.34.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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