Good Morning Early, Readers!!
Wall Street ends Friday’s session with impressive gains as Amazon.com’s (+9.6%) turns major outperformer post its robust results.
6:00 AM GLOBAL UPDATE:
GIFT Nifty 🇮🇳: (-94, 25804)
Dow Futures: (+135, 47700)
Nasdaq 100 Futures (+144, 26003)
Nikkei (Closed, 52411)
Hang Seng (Closed, 25910)
Dow Jones (+41, 47563)
Nasdaq Composite (+144, 23725)
Bovespa (+760, 149540).
Amazon shares (+10.8%) rose after the company said cloud revenue climbed 20% in the third quarter and beat estimates, lifting tech names broadly.
As on Friday’s close, the Dow Jones Industrial Average was up 0.09% at 47,562, the broader S&P 500 was 0.3% higher at 6,840, and the tech-heavy Nasdaq Composite had added 0.6% to 23,724. For the month, the benchmarks rose between 2.5% and 5%
Meanwhile, on a monthly basis in October, the three indexes at Wall Street, Dow Jones Industrial Average, the Nasdaq and the S&P 500 Index gained 2.42%, 4.26% and 1.92% respectively.
For the October month, the Nifty 50 index gained 4.51%, while in the FY25 the index surged by 8.79%.
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