Kiplinger

Stock Market Today: Microsoft, Alphabet Carry Nasdaq to a Razor-Thin Gain

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.

"It appears that software spending continues to be strong; this could be a very good

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger4 min read
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th
Kiplinger3 min read
Cryptocurrency: Stay In? Get Out? How to Decide?
Warren Buffett is famous for saying “Only when the tide goes out do you discover who's been swimming naked.” If you invested in cybercoins, the news has not been good lately. Are you wearing your bathing suit?  What to do?  Is time to take your profi
Kiplinger5 min read
As the Market Falls, New Retirees Need a Plan
Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the

Related