Stocks climbed Friday to kick off November as Amazon led big technology stocks into the green and traders looked past a disappointing jobs report.
The Dow Jones Industrial Average gained 467 points, or 1.1%. The S&P 500 and the Nasdaq Composite rose 1% and 1.3%, respectively.
Amazon rallied more than 6% as strength in the cloud and advertising businesses propelled the ecommerce giant above Wall Street's earnings expectations. Intel popped 5.3% after exceeding analysts' forecasts for revenue and offering strong guidance. The two stocks improved sentiment following some notable earnings disappointments this week.
Source: CNBC
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