• Microsoft fuels Dow's 200 point jump, Nasdaq's 2% rise

  Stocks rallied across the board as investors view strong earnings from the likes of Microsoft and Texas Instruments as a positive barometer for the technology sector. The Federal Reserve also began its meeting with a decision due at 2pm ET, followed by Chairman Powell's press conference at 2:30pm ET. In commodities, oil jumped to the $86 per barrel level.

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