Microsoft’s impressive earnings report has sent a positive signal to the tech sector, contributing to the S&P 500’s recovery from a 2% drop earlier in the day. According to Bloomberg Markets: The Close on April 30th, 2025, Microsoft’s ‘blowout’ report was a significant factor in the market’s turnaround. The S&P 500’s ability to wipe out its 2% drop for the first time since ’22 was notable, as reported by Bloomberg. Other tech companies, including Meta, also reported better-than-expected earnings, further boosting the sector. The positive momentum in tech was a key highlight of the market’s performance on April 30th, 2025.
