Wall St. Powered Higher by Tech, Amazon Results NEW YORK — Wall Street climbed on Friday as a surge in the tech sector and a rally in Amazon shares helped push the Nasdaq to its best day in nearly a year. The Dow Jones Industrial Average rose 33.33 points, or 0.14 percent, to 23,434.19, the S&P 500 gained 20.67 points, or 0.81 percent, to 2,581.07 and the Nasdaq Composite added 144.49 points, or 2.2 percent, to 6,701.26. The index notched its best day since March 1, 2016, and is up nearly 35 percent on the year versus the 15 percent gain in the S&P 500. Amazon, up 13.22 percent, was responsible for the biggest boost to the S&P 500 after reporting a quarterly sales surge. Jack Ablin said that Anyone who is drawing parallels to the tech bubble of 1999 has to at least consider that this rally in those large names is really fueled in large part by earnings, not just hope,
