Amazon Earnings Bolster Bullish Outlook for Stocks

Wall Street ended on a high note on Friday as investors digested another round of corporate earnings. The tech-heavy Nasdaq Composite Index closed higher, supported by strong quarterly results from Amazon.

Amazon's earnings were among those that reinforced the bullish outlook for stocks, according to an SA analyst. This comes after a choppy trading session, with technology shares lifting the broader market.

The Dow Jones Industrial Average Index also showed gains in the session, but the S&P 500 Index remained relatively flat.