Wall St rebounds after week-long tech rout, Amazon down on AI capex jump

Feb 6 (Reuters) – Wall Street’s main indexes opened ‍higher on Friday following a bruising selloff in technology shares through ‌the week, though ‌optimism was tempered by Amazon’s drop after it became the latest ​Big Tech to ramp ‍up spending ​on AI ​infrastructure.

At 09:30 a.m. ‍ET, the Dow Jones Industrial Average rose 307.20 points, or 0.62%, ‍to 49,212.43. The S&P 500 gained 32.23 points, ‍or ‍0.50%, to ​6,832.11, while ​the ⁠Nasdaq Composite advanced ‌78.17 points, or 0.35%, to 22,618.76.

(Reporting by Pranav Kashyap; Editing by Shilpi ⁠Majumdar)