Wall Street Opens Higher, Amazon Soars
(REUTERS) -- Stocks opened higher on Friday, putting Wall Street on track for a fourth day of gains as Amazon Inc. rallied after strong quarterly results.
Ford Motor Co. also added to the strong earnings season, but market gains were limited after economic growth cooled more than forecast in the first quarter.
The Dow Jones industrial average was up 25.43 points, or 0.19 percent, at 13,230.05. The Standard & Poor's 500 Index rose 3.81 points, or 0.27 percent, at 1,403.79. The Nasdaq Composite Index put on 8.06 points, or 0.26 percent, at 3,058.67.
Amazon surged 15 percent to $225.25, while Ford was up 1.1 percent at $12.
(Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick