Strong Microsoft Results Lift US Stocks

Strong Microsoft results lift US stocks

NEW YORK, (Pakistan Point News - 20th july, 2016)- US stocks opened higher Wednesday following a series of mostly solid earnings, including from Microsoft, which lifted the Dow further from an all-time high. Dow-member Microsoft vaulted 5.3 percent after reporting a better-than-expected $3.1 billion in fiscal fourth-quarter earnings that showed strong growth in its cloud computing businesses.