Wall Street indices gain on Amazon boost


The Dow rose 40.75 points, or 0.09%, to 47,562.87, the S&P 500 gained 17.86 points, or 0.26%, to 6,840.20 and the Nasdaq gained 143.81 points, or 0.61%, to 23,724.96.

NEW YORK: Wall Street's main stock indices closed higher on Friday, with their biggest boost coming from Amazon's upbeat earnings forecast, but sentiment was dampened by worries that the Federal Reserve is becoming more cautious about cutting rates.

The S&P 500, the Nasdaq Composite and the Dow boasted weekly gains and their longest monthly winning streaks in years.

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