Stock Market Midday, July 30: Microsoft Soars 15%, Boosting Tech Stocks
Today, July 30, 2026, investors are pivoting back into technology despite GDP slowdown, with the Nasdaq climbing on broad semiconductor strength.
Overview
As of 12.13 PM ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) is up 2.61% to 25,0810 as technology stocks rally, and the S&P 500 (SNPINDEX:^GSPC) has gained 1.29% to 7,422. The Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.81% to 52,010 as markets start to recover from yesterday's losses.
Gold is trading up 1.65% to $4,105.90 as of midday, and the 10-Year Treasury yield rose 0.04% to 4.66%. Technology stocks gained 4.31% this morning, while real estate and healthcare stocks are underperforming.
Details
Microsoft Corp soared 15.5% this morning as investors digested yesterday’s impressive after-the-bell results. Sprouts Farmers Market also surged following a second-quarter earnings beat. Micron Technology is rallying as strong results from Samsung Electronics boosted semiconductors. Meanwhile, Teladoc Health plummeted over 26.8% on a guidance cut, and Corning started to recover after issuing disappointing guidance earlier this week.
Source
Originally published at www.fool.com.