US STOCKS SNAPSHOT-Nasdaq opens higher as Amazon surge offsets Apple decline
The US stock market opened higher on Friday, driven by Amazon's 12% surge and strong cloud revenue growth from Big Tech companies, boosting major indices.
- Country:
- United States
The Nasdaq opened higher on Friday, boosted by Amazon's 12% jump after the Big Tech company joined some of its peers in delivering strong cloud revenue growth, putting to rest concerns about AI returns.
The Dow Jones Industrial Average rose 27.0 points, or 0.05%, at the open to 52,235.03. The S&P 500 rose 24.5 points, or 0.33%, at the open to 7,462.13, while the Nasdaq Composite rose 218.5 points, or 0.87%, to 25,340.711 at the opening bell.
ALSO READ
-
US STOCKS-Nasdaq leads Wall Street gains as Amazon rally offsets Apple decline
-
US STOCKS-Nasdaq set to open higher as Amazon surge offsets Apple decline
-
GLOBAL MARKETS-Stocks climb as strong tech results reignite AI trade, yen swings
-
US STOCKS-Nasdaq 100 leads US futures higher as Amazon surge offsets Apple decline
-
GLOBAL MARKETS-Stocks climb as Amazon, Microsoft results reignite AI trade, yen swings
Google News