As of 12.13 PM ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) is up 2.61% to 25,0810 as technology stocks rally, and the S&P 500 (SNPINDEX:^GSPC) has gained 1.29% to 7,422.
The Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.81% to 52,010 as markets start to recover from yesterday’s losses
Gold is trading up 1.65% to $4,105.90 as of midday, and the 10-Year Treasury yield rose 0.04% to 4.66%. Technology stocks gained 4.31% this morning, while real estate and healthcare stocks are underperforming. Today’s biggest moves Microsoft Corp soared 15.5% this morning as investors digested yesterday’s impressive after-the-bell results.
Sprouts Farmers Market also surged following a second-quarter earnings beat. Micron Technology is rallying as strong results from Samsung Electronics boosted semiconductors. Meanwhile, Teladoc Health plummeted over 26.8% on a guidance cut, and Corning started to recover after issuing disappointing guidance earlier this week.