Mumbai, Nov. 3 -- The Nasdaq climbed 143.81 points (0.6%) to 23,724.96, the S&P 500 rose 17.86 points (0.3%) to 6,840.20 and the Dow inched up 40.75 points (0.1%) to 47,562.87.

Wall Street kicked off with strong momentum, led by Amazon's stunning 9.6% surge after reporting stellar third-quarter results. The company hit a record high as booming demand for AI-driven cloud computing powered its AWS division, overshadowing its e-commerce arm and restoring investor confidence in its growth dominance.

Meanwhile, Netflix also climbed after announcing a ten-for-one stock split, but Apple slipped despite beating forecasts, as traders digested mixed signals from the Fed. Chair Jerome Powell's cautious remarks cooled hopes for another rate cut in ...