S&P 500 Surges 1.6% as Microsoft Posts Best Trading Day Since 2008 - Tekedia

U.S. stocks jumped sharply as Microsoft topped earnings expectations and AI/cloud demand stayed strong.

The S&P 500 rose more than 1.6% in one session, while Microsoft shares surged 15.5%.

The rally added over $1.1 trillion in market value across U.S. equities.

Investors are rewarding companies with solid earnings and clear AI monetization despite inflation and rate uncertainty.