Amazon carries Wall Street to finish of winning week and month
NEW YORK (AP) — Amazon carried the U.S. stock market to the finish of another winning week and month.
The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday.
It closed out its third straight winning week and sixth straight winning month, its longest monthly winning streak since 2021.
The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.6%.
Amazon led the way after reporting a much bigger profit than analysts expected. That helped offset continued losses for Microsoft and Meta Platforms.
Treasury yields eased in the bond market.
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