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Microsoft's monster quarter pulls markets back from the Fed dipUS stocks clawed back Wednesday's Fed-driven selloff, with the S&P 500 up about 1.5% to 7,424 and the Nasdaq leading as @Microsoft surged 16% after Azure topped $100B in revenue for the first time on 43% cloud growth.The rebound is narrow and nervy. @Meta fell 9% on a weak revenue forecast, the 30-year Treasury yield touched a multidecade high near 5.24%, and markets price roughly even odds of a September rate hike, with Amazon and Apple reporti ...