US stock futures rose on the back of Microsoft's financial results, easing concerns about the Federal Reserve's (Fed) policy. This was reported by Qazaqyia.kz citing Reuters.
The rise in Microsoft shares improved overall market sentiment, as investors reacted positively to the company's earnings report. This partially offset worries that the Fed might raise interest rates.
Market participants are now awaiting the Fed's next meeting, but for now, positive results from major tech companies like Microsoft are supporting the market.