Microsoft’s latest earnings report has been described as a ‘blowout,’ setting a positive tone for the tech sector. The news comes as the S&P 500 recovers from a 2% drop, marking the first time it has done so since 2022. The recovery is seen as a significant development in the financial markets. Bloomberg Markets: The Close discusses the implications of Microsoft’s report and other major financial news. ## Key Points
- Microsoft’s earnings report exceeded expectations
- S&P 500 recovers from 2% drop
- Tech sector sees positive momentum following Microsoft’s results
- Bloomberg Markets: The Close provides in-depth analysis of financial news