Microsoft Surges 4.9% Adding $136 Billion to Drive Dow Positive

Microsoft led U.S. equities on June 26, rising 4.9% and adding roughly $136 billion in market value, which lifted the Dow to its only positive weekly finish among major indexes. The Nasdaq Composite fell 4% for the week while the S&P 500 slipped about 1.5%, as weakness in other Big Tech names offset Microsoft’s gains. Falling oil prices and safe-haven buying in gold further shaped the session, with Brent crude near $73 per barrel and GLD rising 1.6%.