The Dow Leads Market Indexes Higher as Microsoft Adds 120 Points
Microsoft gave up on building your personal AI assistant. Meta doubled down on it. Only one stock rose, but both moved the major indexes.
Overview
Stocks rose Friday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) leading. Microsoft (NASDAQ: MSFT) decided it doesn't want to build your personal AI assistant after all, and investors loved it. Meta (NASDAQ: META) absolutely wants to build your personal AI assistant, and the Muse maker had a worse morning.
The Dow rose 0.8% as of 12:49 p.m. ET. The Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.5%, and the S&P 500 (SNPINDEX: ^GSPC) added 0.4%. Nineteen of the Dow's 30 components traded higher.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.