Tech Rally: Alphabet and Microsoft Earnings Boost Futures – Breakdown of Thursday’s Market Movement
New York, NY – Futures trading in the stock market showed an upward trend on Thursday following substantial gains in Big Tech companies Alphabet and Microsoft. The S&P 500 futures rose by 0.7%, while Nasdaq 100 futures saw a hike of 1%. Similarly, Dow Jones Industrial Average futures gained 30 points or 0.08%. Alphabet’s shares surged by 11% in after-hours trading due to better-than-expected first-quarter earnings. The company also announced its first dividend payout along …