Tech giants Microsoft and Alphabet posted quarterly results late Tuesday, kicking off Big Tech earnings.
in the fiscal first quarter. Investors were particularly optimistic on the company's revenue growth, particularly from its Azure cloud segment. Meanwhile,The major averages all notched gains in the main trading session on the back of several strong corporate earnings reports. The"We're getting some mixed to positive results in aggregate from the earning season.
During a relatively quiet week for economic data, Wall Street will look toward September's building permits and new home sales numbers for insight into the housing market.Futures tied to the Dow Jones Industrial Average added 40 points, or 0.1%.
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