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Tech Stocks Lift S&P 500 and Nasdaq as Amazon Hits Record High

Tech Stocks Lift S&P 500 and Nasdaq as Amazon Hits Record High

Published:
2025-11-03 17:47:01
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BTCCSquare news:

Major U.S. equities indexes diverged Monday afternoon, with technology shares buoying the S&P 500 and Nasdaq while the Dow lagged. Amazon surged to an all-time high after securing a $38 billion cloud computing agreement with OpenAI, granting the AI firm access to Amazon Web Services infrastructure.

Kenvue shares skyrocketed following Kimberly-Clark's $48.7 billion acquisition announcement, though the buyer's stock tumbled sharply. IDEXX Laboratories gained on strong veterinary product demand, while Beyond Meat sank after delaying its earnings report due to impairment calculations.

|Square

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