markets
MSFT +2.29% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
MSFT surges $8.73 (+2.29%) to $397.83 intraday, bucking broad rate-hike anxiety.
Fed Chair Warsh speculation is rattling rate-sensitive names — AMD is getting hit hardest, down 8.7% to $451.43, dragging crypto proxies COIN (-2.64%) and SOFI (-2.5%) lower with it. MSFT's relative strength against that backdrop is notable. DIA holding +0.89% at $525.795 suggests the tape isn't breaking down wholesale.
Watch: $400 as the next intraday resistance for MSFT — a clean break lifts sentiment on large-cap tech. On the risk side, watch AMD at $451.43 for stabilization; continued selling there pressures the broader Nasdaq into the afternoon session.