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Kiplinger

Business

Karee Venema

Stock Market Today: Stocks Swing Higher After Amazon Earnings, Inflation Data

Amazon Inflation Stock Market Brian Olsavsky First Republic Kiplinger US Federal Reserve

blue stock chart with arrow going higher on computer screen in white room on white desk

Stocks opened lower Friday as traders mulled over the latest round of corporate earnings and another mixed inflation update. However, shares reversed course mid-morning to end the day with impressive gains.

While the major indexes managed to close higher today, the same can't be said about embattled regional lender First Republic Bank (FRC), which sold off sharply in another volatile session.

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