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Barchart
Rich Asplund

REVEALED: Stock indexes supported as amazon earnings bolster tech stocks | Vintage Vibes

The S&P 500 Index ($SPX) (SPY) today is closed up +0.23%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.75%. September E-mini S&P futures (ESU26) are up +0.17%, and September E-mini Nasdaq futures (NQU26) are up +0.64%.

Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting 1-week highs. Stocks are climbing today, led by strength in technology stocks as chipmakers rallied sharply for a second day. Amazon.com is up more than +14% to bolster market sentiment after its cloud unit recorded the fastest quarterly revenue growth in 5 years, reassuring investors that its projected increase in capital spending will generate sufficient returns and that the global AI buildout will be sustained.

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