US EditionStock Market Today: S&P 500, Nasdaq Futures Advance As Amazon Leads Gains—Apple, Netflix, Reddit In Focus - SPDR S&P 500 (ARCA:SPY)
Amazon shares surged 12.2% and Apple projected 10%-13% holiday sales growth, while Netflix rose 3.2% after a stock split and Reddit beat revenue estimates by $39 million.
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The U.S. stock market experienced a strong rebound this Friday, heading for positive weekly closures. Wall Street celebrated the solid results of Apple (AAPL) and Amazon (AMZN), which managed to ease doubts about the prospects and massive future spending of the major technology companies.The Nasdaq Composite (^IXIC) led the day with an increase of 1.3%. The S&P 500 (ES=F) won 0.6%, while the Dow Jones Industrial Average (YM=F) remained just abov…
Stock Market Live October 31: S&P 500 (VOO) Not Spooked by Earnings, Rises on Halloween
Live Updates Live S&P 500 component company and consumer goods company Colgate-Palmolive (NYSE: CL) beat earnings by two cents this morning, reporting $0.91 per share in earnings on sales of $5.13 billion — matching analyst revenue forecasts to the penny. Turning to guidance, Colgate said full-year sales will probably be up low single digits this year despite the negative impact of foreign exchange rates. Organic sales growth, however, will be …
Stock Market Today: S&P 500, Nasdaq Futures Advance As Amazon Leads Gains—Apple, Netflix, Reddit In Focus - SPDR S&P 500 (ARCA:SPY)
U.S. stock futures advanced on Friday after a day of decline on Thursday. Futures of major benchmark indices were higher. Amazon.com Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) drove gains on Friday after their strong quarterly results. This followed a decline in the Nasdaq Composite index, dipping more than 350 points on Thursday as it was weighed down by mixed earnings reports from Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NAS…
Amazon & Apple Earnings Ignite Market Rally as Tech Stocks Soar (But Fed Jitters Linger)
Markets Rally on Big Tech Earnings Wall Street shook off mid-week tech jitters and ended October on a high note. On Friday (Oct. 31), U.S. stocks climbed after blowout results from Amazon and Apple reignited risk appetite ts2.tech. The tech-heavy Nasdaq Composite rose +0.6%, the benchmark S&P 500 gained +0.3%, and the Dow Jones Industrial Average edged up +0.1% investopedia.com. This rebound came just a day after a sharp pullback – earlier in th…
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