US Stock Market Update: Microsoft Surges Over 14% in Early Thursday Trading, Poised for Biggest Single-Day Jump Since October 2008

Deep News07-30 22:21

Microsoft Corp (MSFT) is currently trading at $447.13, climbing $56.59, representing a 14.49% gain. If it closes at this level, it would mark the highest closing price since June 1, 2026 (when it closed at $460.52). The stock is on track to achieve its largest single-day percentage increase since October 13, 2008 (which saw an 18.6% rise). This would be the fourth-largest single-day percentage gain on record and is poised to be the biggest post-earnings single-day rally in the company's history.

The stock has advanced in four of the past five trading sessions. For the month to date, Microsoft has surged 19.87%, putting it on course for its best monthly performance since October 2007 (which saw a 24.95% gain). Year-to-date, however, the shares are still down 7.55%. The current price is 17.51% below the all-time closing high of $542.07, set on October 28, 2025. It is also 16.19% lower than the closing price of $533.50 from 52 weeks ago, on July 31, 2025.

From the 52-week closing high of $542.07 on October 28, 2025, the stock has dropped 17.51%. Conversely, it has gained 26.73% from the 52-week closing low of $352.83, reached on June 25, 2026. During Thursday's session, the stock hit an intraday high of $451.42, the highest intraday level since June 2, 2026 (when it reached $453.50). The intraday gain of 15.59% is the largest intraday percentage increase since March 13, 2020 (which saw a peak intraday gain of 16.43%).

Microsoft is the top-performing stock in the Dow Jones Industrial Average today. It ranks as the sixth-best performer in the S&P 500 Index, and is also the most actively traded stock in that index. Within the Nasdaq 100 Index, it is the sixth-best performer and the most actively traded stock. The stock has contributed 336.35 points to the Dow Jones Industrial Average's gain so far.

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