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Last updated: October 25. 2013 12:36PM - 436 Views
Associated Press



Specialist Peter Giacchi, center, calls out prices during the IPO of Sprague Resources on the floor of the New York Stock Exchange, Friday, Oct. 25, 2013. Earnings gains from Microsoft and other big U.S. companies are pushing the stock market higher in early trading. (AP Photo/Richard Drew)
Specialist Peter Giacchi, center, calls out prices during the IPO of Sprague Resources on the floor of the New York Stock Exchange, Friday, Oct. 25, 2013. Earnings gains from Microsoft and other big U.S. companies are pushing the stock market higher in early trading. (AP Photo/Richard Drew)
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(AP) Earnings gains from big U.S. companies are pushing the stock market higher.


Microsoft led the Dow Jones industrial average higher after reporting rising sales of tablet computers.


The Dow was up 29 points, or 0.2 percent, at 15,538 as of noon Eastern time Friday.


The Standard & Poor's 500 was up two points, or 0.2 percent, at 1,754. The S&P is at a record high.


The Nasdaq composite was up 10 points, or 0.3 percent, to 3,939.


Technology stocks were among the biggest gainers.


Microsoft rose $2.36, or 7 percent, to $36.09 after beating analysts' forecasts for revenue and earnings. The company is shifting from PC-based software to devices and services.


Amazon.com jumped $34.86, or 10 percent, to $366.90 after reporting a 24 percent jump in revenue.


Associated Press
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