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    Stock Market Today: Nasdaq Rally Resumes After Amazon Earnings, Jobs Data

    by Karee Venema Feb 04, 2022 1 minute

    Two of the three major indexes closed higher on the final trading day of a volatile week thanks to a pair of well-received earnings and economic reports.

    On the earnings front, () surged 13.5% after the company last night reported top- and bottom-line beats. Strong year-over-year growth in Amazon Web Services and the company's investment in electric vehicle maker () helped drive the better-than-expected results. AMZN also hiked the price of an Amazon Prime annual membership by 17%.

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