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Microsoft Surges in Pre-Bell Trading | |
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| Time: 10:18 EST/15:18 GMT | News Source: Reuters | Posted By: Byron Hinson | ||
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Microsoft Corp. shares on Monday rose to $57.05 in early pre-open trade from $53 at Friday's close after a federal judge endorsed the antitrust settlement the company reached with the U.S. government and nine states last year. The decision upholding the settlement was announced after the close of trading on Friday and was expected to add to the momentum of the broader market, with U.S. stocks seen rallying at the opening bell. Investor hopes that the Federal Reserve will cut interest rates on Wednesday also buoyed market sentiment. | ||
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