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Dow Surges Over 200 Points; Microsoft Shares Gain Following Upbeat Earnings

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Friday. The Dow traded up 0.57% to 38,303.11 while the NASDAQ rose 2.01% to 15,925.77. The S&P 500 also rose, gaining, 1.14% to 5,106.22. Check This Out: Top 4 Materials Stocks That May Explode In Q2 Leading and Lagging SectorsCommunication services shares rose by 4.3% on Friday. In trading on Friday, energy shares dipped by 0.8%. Top Headline Microsoft Corp (NASDAQ:MSFT) shares rose more than 2% on Friday after the company posted better-than-expected earnings and sales results for its third quarter. The company’s revenue increased 17% year-over-year to $61.9 billion, which beat the consensus estimate of $60.804 billion, according to Benzinga Pro. The tech giant reported quarterly earnings of $2.94 per share, which beat analyst estimates of $2.82 per share. Equities Trading UP                        Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares shot up 78% to $1.2783 after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa. Shares of Snap Inc. (NYSE:SNAP) got a boost, surging 26% to $14.41 after the company reported better-than-expected first-quarter financial results and issued second-quarter revenue ...