US stocks soar in early trading, Microsoft's market value exceeds $4 trillion, Meta surges 13%.

The stock prices of large technology companies in the United States are rising, driving the early gains of the US stock market. Traders are analyzing the latest inflation and spending data, which highlight the differences among Federal Reserve officials in the monetary policy path. Bond yields are declining. The US dollar is rising for the sixth consecutive trading day. At 9:39 New York time, the S&P 500 index is up 0.7%, on track to record its third consecutive month of gains, the longest since September last year. The Nasdaq 100 index is up 0.7%, while the Dow Jones is mostly unchanged. Microsoft's strong performance has boosted optimism in the field of artificial intelligence, pushing the company's market value above $4 trillion. Meta Platforms Inc. saw its stock price surge 13% thanks to strong earnings reports released earlier. "These two tech giants not only surpassed expectations, they far exceeded them," said Fawad Razaqzada of City Index and Forex.com.