Market Snapshot: Dow jumps over 400 points as stocks rally after earnings from Meta and other big-tech names

United States

U.S. stocks rose sharply on Thursday, with the S&P 500 index on track for its biggest daily gain since January, as another batch of strong big-tech earnings reports helped boost the broader market while offsetting signs of slowing economic growth.

How are stocks trading

Stocks fell Wednesday, as worries about First Republic Bank FRC overshadowed upbeat big-tech earnings.

What’s driving markets

On…