Nasdaq ends choppy week higher, as Amazon earnings stall tech rout

The Dow Jones Industrial Average fell 21.42 points, or 0.06%, to 35,089.74, the S&P 500 gained 23.09 points, or 0.52%, to 4,500.53 and the Nasdaq Composite added 219.19 points, or 1.58%, to 14,098.01. Among the major S&P 500 sectors which advanced, energy stocks hit their highest since 2018 as crude prices touched a seven-year peak.

NEW YORK: Another bumpy ride on Wall Street ended on Friday as Amazon's positive earnings capped a run of mixed big-tech numbers, with the Nasdaq recovering much of its losses from the previous session and all three benchmarks ending the week in positive territory.

Results from megacap growth stocks have dictated market moves this week, as investors seek out tangible data to support sky-high valuations.