Stock Market Today: Microsoft, Alphabet Carry Nasdaq to a Razor-Thin Gain
by Kyle Woodley
Oct 27, 2021
2 minutes
Corporate earnings continued to dominate the market's motion Wednesday amid a lull in economic data and persistent but nonetheless slow progress on the Democrats' social spending plan.
A pair of mega-cap stocks threw their weight around today. Microsoft (MSFT, +4.2%) cruised after a rousing quarterly report that saw revenues jump 22% year-over-year and net income pop 48%, with both figures exceeding analysts' consensus estimate.
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"It appears that software spending continues to be strong; this could be a very good
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