Reported about 12 hours ago
US stock markets rallied on Friday, with the S&P 500 and Nasdaq closing the month on a high note, largely driven by Amazon’s impressive quarterly results. Amazon shares surged nearly 10% after surpassing earnings expectations, particularly boosted by growth in its cloud services. The Nasdaq gained 0.6%, while the S&P 500 rose 0.3%. Overall, strong performances from major tech firms and easing concerns about interest rates contributed to the upward trend in the markets.
Source: YAHOO