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The Economic Times

Markets / The Economic Times

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US stocks gain footing after week-long tech slump, Amazon down on AI capex lift

Wall Street indexes rebounded Friday, with the S&P 500 and Nasdaq advancing after a week of tech selloffs. Optimism was tempered by Amazon's significant drop following increased AI infrastructure spending forecasts. Investor skepticism around AI capital expenditures intensified, impacting Big Tech and software shares.

6 Feb 2026 8:04 pm