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Stock market today: S&P 500, Nasdaq bounce back as Amazon soars after earnings shine
US stocks bounced back Friday, with Wall Street notching weekly and monthly wins as investors embraced strong earnings from Amazon (AMZN) that eased some doubts about prospects for Big Tech.
The Nasdaq Composite (^IXIC) rose 0.6%, while the S&P 500 (^GSPC) gained 0.3%, both restoring solid gains after wavering earlier in the session. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, rose 0.1%.
All three major averages ended the month with wins, with the Nasdaq gaining more than 4% for a second month in a row. The tech-heavy index scored its seventh consecutive monthly victory, while the S&P 500 and Dow notched their sixth month of wins in a row. All three indexes ended with solid weekly gains, as well.
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