Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Microsoft leads the Dow higher on earnings gain
New York » Earnings gains from Microsoft and other big U.S. companies are pushing the stock market higher in early trading.
Microsoft led the Dow Jones industrial average higher after reporting higher sales of tablet computers and progress in a corporate overhaul.
The Dow was up 32 points, or 0.2 percent, at 15,540 shortly after trading began Friday.
The Standard & Poor's 500 index was up four points, or 0.3 percent, at 1,756. The Nasdaq composite rose 27 points, or 0.7 percent, to 3,957.
Technology stocks led the market higher.
Amazon.com jumped $34.86, or 10 percent, to $366.90 after reporting a narrower loss and 24 percent higher revenue. Microsoft rose $2.36, or 7 percent, to $36.09.
Newell Rubbermaid rose 65 cents, or 2 percent, at $29.55 after its earnings beat analysts' forecasts.