The S&P 500 rebounded sharply on Thursday as strong earnings from Microsoft Corp. (NASDAQ:MSFT) and a broad rally in semiconductor stocks lifted investor sentiment following the previous session’s selloff. Polymarket traders now expect the benchmark index to extend those gains at Friday’s open.
The S&P 500 rose 1.66% to close at 7,437.63, after opening at 7,390.45. The July 31 Polymarket contract implied a 94% probability that the index will open higher on Friday.
