Thursday, 11 December 2025
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Stocks rise to start November as Amazon shares soar
Friday, 1 November 2024 21:44 WIB | MARKET UPDATE |S & P 500Saham AS

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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