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Kiplinger
Kiplinger
Business
Karee Venema

Stocks Close Out Strong Month With Solid Amazon Earnings: Stock Market Today

Amazon store is seen at Promenade Street in Davos, Switzerland .

Stocks opened higher Friday as Amazon.com's (AMZN) impressive results helped ease concerns that big spending on artificial intelligence (AI) isn't bearing fruit. Today's gains had all three main indexes closing out the historically volatile month of October with impressive returns.

At the close, the blue-chip 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%.

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