The Dow Jones, S&P 500, Russell 2000, and Nasdaq-100 all ended higher. Ten of the eleven S&P 500 sectors gained on the session. Microsoft (MSFT) reported better-than-expected growth in its Azure unit, reporting revenue rose 28% on a constant-currency basis. Alphabet (GOOGL) sales and earnings beat estimates with the bottom line rising 46% on a year-over-year basis. Meta Platforms (META) closed lower following news that the company is being sued by multiple states alleging its platforms are harming young peoples’ mental health. Tune in to find out more about what to watch tomorrow and the stock market today.
24 Oct 2023
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