Stocks
Dow Soars Past 52K on Strong Earnings from Amazon and Microsoft
The Dow Futures are trading near 52,485, reflecting moderate upward momentum following a strong late-July earnings rally.
Major companies like Amazon and Microsoft have reported strong quarterly results, contributing to positive market sentiment. Amazon's stock price rose by 15%, while Microsoft's increased by 3% to 15%.
A decline in Apple's stock price, which dropped around 7%, alongside softness in healthcare stocks, has limited broader gains in the Dow index.