US stocks open up after a flurry of trade deals and results from Microsoft and Facebook-parent Meta. Microsoft's valuation jumps above $4 trillion.

Figma (FIG), the design software company, jumped 198% on its initial trading day on the New York Stock Exchange, demonstrating a buoyant investor demand for Silicon Valley tech public listings.

Design software maker Figma's shares were indicated to open at more than double their initial public offering price on Thursday, setting the stage for a flurry of high-growth tech listings and ...