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Facebook (FB), Amazon (AMZN) Lift Nasdaq; Goldman (GS) Lifts Financials

The Nasdaq led the stock market Tuesday morning as Facebook (FB) and Amazon.com (AMZN) advanced in relatively more volume than usual.

The Nasdaq led the stock market Tuesday morning as Facebook (FB) and Amazon.com (AMZN) advanced in relatively more volume than usual, Investor’s Business Daily reported.

Nasdaq climbed 0.8%, while Facebook and Amazon.com were up about 1%.

Financials in general were higher, with the SPDR Financial (XLF) ETF up nearly 1% as earnings in the sector continued to be positive.

Goldman Sachs (GS) gained more than 1% after the company reported a 47% increase in third-quarter earnings.

FB is a Cabot Benjamin Graham Value Investor stock, AMZN is a Cabot Top Ten Trader stock and GS is a Cabot Undervalued Stocks Advisor stock.

Cabot Editor