US stocks rallied on Friday, with Amazon and Apple leading the charge after strong earnings reports. The Nasdaq rose 0.6%, the S&P 500 gained 0.3%, and the Dow Jones edged up 0.1%. All three indexes closed the month with wins, with the Nasdaq soaring 4% for the second month in a row. Amazon shares surged 10% to an all-time high, driven by third-quarter results that beat analysts’ forecasts. Apple hit its own record high after posting stronger-than-expected earnings and upbeat holiday quarter guidance. Nvidia shares fluctuated after announcing a major push into South Korea’s AI market.

Federal Reserve officials spoke for the first time since cutting interest rates earlier in the week, revealing disagreements among policymakers. Traders are now less certain about a rate cut in December, with only 60% expecting one. Stocks closed higher for the week and month, with tech stocks leading the way. Google is finding success with its AI strategy, while Reddit, Rocket, and Strategy stocks saw premarket gains after positive earnings reports. Gold held steady as traders assessed the US-China truce. Alcohol stocks took an $830 billion hit as drinking habits change.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq climb to cap winning month as strong earnings, easing rates fuel Amazon, tech stocks