Reported about 12 hours ago
US stocks rebounded on Friday, driven by strong earnings from tech giants Apple and Amazon, which alleviated concerns about the tech sector's future. The Nasdaq Composite rose by 1%, while the S&P 500 increased by nearly 0.5%. Amazon shares surged to an all-time high following a robust revenue report, particularly from its cloud division, while Apple also reported better-than-expected results. The positive performance of these companies boosted investor confidence, leading to gains across the technology sector.
Source: YAHOO