CommSec’s James Gruber claims Microsoft led a “furious rally” on Wall Street overnight following its “upbeat” earnings results. “The S&P 500 up 1.7 per cent and the Nasdaq 2.8 per cent higher,” he told Sky News Australia. “And it was led by Microsoft, whose shares are up 16 per cent after upbeat results yesterday morning, our time.” Presented by CommSec.