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Dow on Track for Another Record Open as Microsoft Surges

Stock futures climbed on Wednesday as better-than-expected earnings from Microsoft (MSFT) pushed the stock higher in premarket trading.

S&P 500 futures were up 0.32%, Dow Jones Industrial Average futures gained 0.36%, and Nasdaq futures added 0.34%.

The Dow was set to open at a new record high after securing its best close ever on Tuesday. The Dow has logged sixth straight record closes. Improving economic data, particularly in the labor market, and signs the earnings recession could have hit a bottom have inspired new highs on market.

Around one-tenth of companies in the S&P 500...


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