Nasdaq is up only .5%, MSFT is up 7.35%. Given that MSFT has high weight on the Nasdaq, a 7% move for them probably accounts for a large proportion of that .5%

Nasdaq is up only .5%, MSFT is up 7.35%. Given that MSFT has high weight on the Nasdaq, a 7% move for them probably accounts for a large proportion of that .5% overall move.