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 appetitets2.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 the week, Meta’s earnings miss and hefty AI spending had spooked investors, dragging the Nasdaq down over 1.5% on Thursdayts2.techts2.tech. But Amazon’s and Apple’s upbeat reports late Thursday swiftly