FILE – The New York Stock Exchange is seen in New York, Tuesday, June 14, 2022. (AP Photo/Seth Wenig, File)

NEW YORK (AP) — A big rally for Microsoft and other Big Tech stocks is helping to prop up Wall Street. The S&P 500 was 0.2% higher in midday Wednesday trading. A day earlier, it fell to its worst drop in a month on worries about the strength of U.S. banks. Microsoft jumped after reporting stronger profit for the first three months than analysts expected. Facebook’s parent company was also pushing the market higher ahead of its earnings report, which will arrive after trading closes for the day. First Republic Bank is continuing to slide after nearly halving the day before. Treasury yields rose.