Here Are 3 Hot Things to Know About Stocks Right Now
- Stocks ended up Friday as strong data on U.S. economic growth pushed the Nasdaq and S&P 500 to record closings.
- Ford (F - Get Report) posted better-than-expected first-quarter earnings following a surge in U.S. demand for pick-up trucks. The stock jumped 10.5%.
- Amazon (AMZN - Get Report) was up 2.5% after the online retailing giant beat Wall Street's earning expectations and matched analysts' revenue forecasts.
Wall Street Overview
Stocks ended up Friday as surprisingly strong first-quarter U.S. economic growth pushed Nasdaq and the S&P 500 to record closing highs.
The S&P 500 gained 0.47% to reach a record closing high of 2,939.88. The Nasdaq ended the day up 0.34% at 8,146.40, also a record. The Dow Jones Industrial Average was up 81 points, or 0.31%, to 26,543.33.