US stock market close: Amazon powers the market as software sinks again

Closing changes for the main US market indexes Closing changes:S&P 500 +0.6%Nasdaq Comp +0.8%Russel 2000 +0.6%DJIA +0.6%Toronto TSX Comp -0.4%There were some large divergences today. Amazon was up 5.5% on a report that it may sell its AI chips to other companies, making it a direct competitor to Nvidia. Meta also continued to gain, climbing 2.7% as the… Closing changes: . S&P 500 +0.6% Nasdaq Comp +0.8% Russel 2000 +0.6% DJIA +0.6% Toronto TSX Comp -0.4% There were some large divergences today. Closing changes: S&P 500 +0.6% Nasdaq Comp +0.8% Russel 2000 +0.6% DJIA +0.6% Toronto TSX Comp -0.4% There were some large divergences today. Amazon was up 5.5% on a report that it may sell its AI chips to other companies, making it a direct competitor to Nvidia. Meta also continued to gain, climbing 2.7% as the market digests its new LLM. In general it was the 'AI swallows the world… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.