S&P 500 Gains 0.7% as Amazon Surges 15.3%, Oil Spike Stirs Inflation
The S&P 500 eked out a 0.7% gain Friday, capped by a 15.3% Amazon rally and a 7.4% Apple decline. Surging oil prices due to Iran tensions are fueling inflation worries, complicating the Fed's rate path and causing violent sector swings. Investors weigh AI monetization hopes against tech valuation risks.
Source: eastbaytimes.com · ktbb.com