Intel's quarterly report added to Friday's upbeat sentiment. The chipmaker's shares jumped 8.1 per cent, their largest daily percentage gain since January 2018, after the company beat Wall Street revenue and profit estimates and raised its full-year revenue forecast.Amazon.com Inc fell after the e-commerce giant forecast revenue and profit for the crucial holiday quarter below estimates. Amazon shares ended 1.1 per cent lower, well off their session low.
For the week, the S&P 500 rose 1.2 per cent, the Dow gained 0.7 per cent and the Nasdaq climbed 1.9 per cent. Shares of VF Corp fell 7.3 per cent after the apparel maker reported lower-than-expected quarterly revenue as competition intensified for its Vans and Timberland brands.
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