Stocks Rebound as Strong Earnings from Microsoft, Coke, Verizon Offset Snap and Google Worries

Dow snapped 4-day losing streak, rising over 200 points as investors focused on strong earnings from Coca-Cola, Verizon, and Microsoft.

Microsoft reported a 27% increase in profit and issued strong revenue guidance above estimates. Shares jumped 6%.

Alphabet's revenue grew 11%, boosted by rebounding ads. But shares dropped 7% as cloud business missed expectations.

Snap shares initially jumped 20% on earnings beat but settled 1% higher as some advertisers paused spending.

Yields still rising and geopolitical uncertainty remains, but earnings reports provide catalysts for markets.