Technology
Futures Climb With Boost From Microsoft’s Surging Cloud Growth
Key Points
Futures Climb With Boost From Microsoft’s Surging Cloud Growth US futures rose on Thursday as Microsoft Corp. jumped 9.8% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., rallied as well. S&P 500 futures were 0.6% higher as of 7:17 a.m. in New York, with Nasdaq 100 contracts up 1.3%, recovering after the tech-dominated Nasdaq 100 closed in correction territory on Wednesday and the broader S&P 500 Index...
Futures Climb With Boost From Microsoft’s Surging Cloud Growth
US futures rose on Thursday as Microsoft Corp. jumped 9.8% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., rallied as well.
S&P 500 futures were 0.6% higher as of 7:17 a.m. in New York, with Nasdaq 100 contracts up 1.3%, recovering after the tech-dominated Nasdaq 100 closed in correction territory on Wednesday and the broader S&P 500 Index fell 1.5%.