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Dow Surges Over 200 Points; Microsoft Shares Gain Following Upbeat Earnings

Benzinga ·  Apr 27 02:50

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Friday.

The Dow traded up 0.57% to 38,303.11 while the NASDAQ rose 2.01% to 15,925.77. The S&P 500 also rose, gaining, 1.14% to 5,106.22.

Leading and Lagging Sectors

Communication services shares rose by 4.3% on Friday.

In trading on Friday, energy shares dipped by 0.8%.

Top Headline

Microsoft Corp(NASDAQ:MSFT) shares rose more than 2% on Friday after the company posted better-than-expected earnings and sales results for its third quarter.

The company's revenue increased 17% year-over-year to $61.9 billion, which beat the consensus estimate of...

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