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Benzinga
Benzinga
Business
Piero Cingari

Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What's Moving Markets Thursday?

NYSE Ar MA Nasdaq Inflation Meta Microsoft Corp Microsoft
A,Detailed,Stock,Market,Data,Display,With,Upward,Trending,Arrows

A post-earnings surge in Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NYSE:MSFT) sent major tech-heavy indices to fresh record highs Thursday, capping a fourth consecutive month of gains for U.S. equities.

By midday in New York, the S&P 500 rose 0.7% to break above 6,400, while the Nasdaq 100 climbed past 24,500 — each logging new intraday highs.

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