Nasdaq Leads Major U.S. Stock Indexes Higher, Fueled by Microsoft Rally - WSJ

Latest News About Nasdaq climbs more than 600 points, ending six-day slide

Nasdaq climbed significantly over 600 points Thursday at last, ending a six-day losing streak.

The index was gaining about 2 percent this week.

Microsoft stock soared 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.

Chip makers also advanced amid optimism during the session.

Investors cheered the bounce across the board.

Trading volume was above average against the average.

Analysts noted the tech boost in the latest data.

The rally reached most sectors including finance.

Apple reported iPhone sales surged after a launch.

The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move mirroring US gains.

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