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At close · Sat, Aug 29, 2026
Daily Market Updates.

US Markets

HomeUS MarketsSectorsMicrosoft and other software-linked stocks jump as tec…

Microsoft and other software-linked stocks jump as tech rebounds

Technology stocks are back in focus as software shares extend gains, with Microsoft leading a group of hot prospects in major stock screens.

Among the specific names highlighted, Microsoft hit a 52-week high and was cited as leading 13 hot prospects onto best-stocks screens, reflecting renewed momentum in software.

The market context also pointed to shifting rate expectations, with earlier trading noted as pressured by rate concerns before turning attention again to select tech and software names.

Additional names mentioned alongside Microsoft included Amazon, Palantir, and Nvidia as rate concerns and an upcoming jobs report kept investors focused on the sector.

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