Microsoft’s stock is rising enough to turn Dow futures positive

The surge in Microsoft Corp.’s stock
MSFT,
+2.40%,
in the wake of the software behemoth’s blowout earnings report, was the reason futures
YM00,
+0.35%
for the Dow Jones Industrial Average
ES00,
-0.70%
were gaining ground while the broader market was falling. The stock jumped 3.7% toward a three-month high in premarket trading. The implied price gain was adding about 80 points to the Dow’s price, and Dow futures rose 37 points, or 0.1%. Meanwhile, futures
ES00,
-0.70%
for the S&P 500
SPX,
-0.90%
declined 0.4% and futures
NQ00,
-1.51%
for the Nasdaq 100
NDX,
-1.72%
dropped 0.6%.