S&P 500 and Nasdaq Rally Following Amazon-OpenAI Partnership; Kenvue Stock Soars

Reported about 8 hours ago

On November 3, 2025, the S&P 500 and Nasdaq experienced gains due to a $38 billion deal between Amazon and OpenAI, boosting both companies' stocks. Kenvue shares surged 17.4% following Kimberly-Clark's announcement of a buyout worth over $40 billion. Despite some declines in other sectors, particularly industrials, optimism surrounding AI continued to drive market momentum, with continued interest in key tech companies as investors awaited earnings reports from major firms like AMD and Qualcomm.

Source: YAHOO

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