Nasdaq Futures Rise 1.1% on Apple and Amazon Post-Market Gains
Apple and Amazon’s strong earnings results boosted Wall Street sentiment, driving early gains in the S&P 500 and Nasdaq Composite after a previous session decline.
Summary
U.S. stocks opened higher on Friday, supported by robust quarterly earnings from Apple and Amazon. The S&P 500 and Nasdaq Composite posted early gains, reversing Thursday’s losses. Amazon’s strong performance, along with Apple’s solid results, lifted investor confidence across risk assets.
Terms & Concepts
- Nasdaq Composite: A stock market index that includes almost all stocks listed on the Nasdaq stock exchange, heavily weighted toward technology companies.