U.S. stocks surged in early trading, Microsoft’s market value surpassed $4 trillion, and Meta soared 13%

Zhitong
2025.07.31 14:11

U.S. large technology companies' stock prices rose, driving the early gains in U.S. stocks as traders analyzed the latest inflation and spending data, which highlighted the divisions among Federal Reserve officials regarding the monetary policy path. Bond yields fell. The dollar rose for the sixth consecutive trading day. At 9:39 AM New York time, the S&P 500 index was up 0.7%, set to close higher for the third consecutive month, marking the longest streak since September last year. The Nasdaq 100 index rose 0.7%, while the Dow Jones Industrial Average was basically flat. Microsoft boosted optimism in artificial intelligence with strong performance, pushing the company's market value past the $4 trillion mark. Meta Platforms Inc.'s stock surged 13%, benefiting from a previously released strong earnings report. "These two tech giants not only exceeded expectations but did so by a wide margin," said Fawad Razaqzada from City Index and Forex.com

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