May 2, 2025 5:39 PM
Wall Street Gains as Microsoft, Meta Post Strong Results Despite Rise in Jobless Claims
US stocks advanced on Thursday after strong results from megacaps Microsoft and Meta. The Nasdaq Composite gained over one and half percent, the S&P 500 rose over 0.6 percent and the Dow Jones Industrial Average added 0.21 percent. Meanwhile, the Labour Department data showed initial claims for ...