News
Microsoft Hits Record High as U.S. Election Results Boost Global Markets
Microsoft ($MSFT) hit a record high on strong cloud growth following the U.S. election results. The Dow Jones Industrial Average rose over 1,500 points, while the S&P 500 also gained. Apple ($AAPL) passed $5 trillion in value. Several major companies are set to report earnings today. Asian chip stocks fell sharply due to fears of tighter U.S. data center rules, while Chinese tech stocks rose. Oil prices dropped for a fourth straight day as Iran tensions eased.