Tech stocks are soaring as Microsoft and Tesla deliver big beats

Stocks were racing higher Thursday, with the tech-heavy Nasdaq leading the way.
Strong corporate earnings provided support.
On Wednesday, the major averages wiped out their gains for the year.US stocks made a comeback Thursday, the day after the major averages wiped out their gains for the year. Buoyed by solid corporate earnings, Thursday's advance has traders putting worries about rising interest rates and the prospect of a slowdown in global economic growth on the back burner — at least