U.S. stock indexes rose at the open on Friday, with software companies’ stocks rebounding after a sharp wave of selling on concerns about the impact of artificial intelligence on business models.
The Dow Jones Industrial Average rose 1.25%, or 611 points, to 49,519 points.
The S&P 500 index also rose 1% to 6,863 points, and the Nasdaq Composite Index rose 0.8% to 22,720 points.
Amazon shares fell 9% to $202.16 after the company announced lower-than-expected results for the fourth quarter of 2025.
Reddit shares rose 6.32% to $160.9 as Bitcoin recovered as the wave of crypto selling eased.
U.S. stock indexes rose at the open on Friday, rebounding after software company stocks plunged on concerns about the impact of artificial intelligence on business models.
The Dow Jones Industrial Average rose 1.25%, or 611 points, to 49,519 points.
The S&P 500 index also rose 1% to 6,863 points, and the Nasdaq Composite Index rose 0.8% to 22,720 points.
Amazon’s stock fell 9% to $202.16 after the company announced lower-than-expected financial results for the fourth quarter of 2025.
Meanwhile, Reddit stock rose 6.32% to $160.9 as Bitcoin rebounded as the cryptocurrency’s decline slowed.
