Earnings lift Nasdaq to record; Amazon, Alphabet up after hours

Wall Street

The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed.

The tech-heavy index is likely to extend its record-breaking string of gains as heavyweights Amazon and Alphabet jumped more than 4 percent each after the bell, following stellar earnings.

The Dow Jones Industrial Average rose 6.24 points, or 0.03 percent, to 20,981.33, the S&P 500 gained 1.32 points, or 0.06 percent, to 2,388.77 and the Nasdaq Composite added 23.71 points, or 0.39 percent, to 6,048.94.

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Posted in: Indian Market Tips