Global market: SGX Nifty to Microsoft shares hitting record key triggers for Indian stock market


Source: livemint.com livemint.com

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Asian markets traded mixed on Friday ahead of the Bank of Japan’s rate decision, while US stocks ended higher overnight led by tech stocks as hype over artificial intelligence sent Microsoft shares to a record high. The S&P 500 rose for a sixth day, witnessing its longest winning run since November 2021, while the tech-heavy Nasdaq also jumped over 1% as technology stocks like Nvidia also benefited from this AI trade. The chipmaker has surged 192% this year. Shares of Microsoft Corporation closed at a record high, becoming the third mega-cap technology firm after Nvidia Corp. and Apple Inc. to...