New York – Stocks are notching more record highs on Wall Street thanks to big gains in Google’s parent company and others reporting strong second-quarter results.
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Alphabet soared 9.6% Friday, its biggest gain in four years, after reporting earnings late Thursday that blew past analysts’ forecasts.
Twitter also jumped 8.9% after turning in a strong quarter, but online retail giant Amazon slipped 1.6% after reporting a rare earnings miss as the company ramps up spending on faster deliveries.
The S&P 500 and the Nasdaq closed at record highs.
The S&P 500 rose 22 points, or 0.7% to 3,025.
The Dow Jones Industrial Average rose 51 points, or 0.2%, to 27,192. The Nasdaq rose 91 points, or 1.1%, to 8,330.
The yield on the 10-year Treasury held steady at 2.07%.
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