The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.26%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.48%. December E-mini S&P futures (ESZ25) rose +0.27%, and December E-mini Nasdaq futures (NQZ25) rose +0.44%.
US stock indexes settled higher on Friday amid positive corporate earnings. Amazon.com closed up more than +9% to lead megacap technology stocks higher after reporting blowout earnings and giving an optimistic forecast. Also, Western Digital closed up more than +8% after reporting Q1 net revenue above consensus. As of Friday, Q3 earnings results from more than 60% of the companies in the S&P 500 have been reported, with more than 80% beating estimates —a bullish factor for the overall market.
