U.S. stocks closed higher Friday, with shares of Amazon surging following its quarterly earnings results. The Dow, S&P 500 and Nasdaq ended October with monthly gains despite the government shutdown.

The recalls range from children’s bed rails to mattresses and furniture that pose hazards such as fire risks and tip-over dangers.

Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off.

"We're going to promote based on AI," said Amazon VP Jamie Simonoff. "We're going to promote based on how you're integrating AI into your job."

Wall Street's main stock indexes closed higher on Friday, with their biggest boost coming from Amazon's upbeat earnings forecast, but sentiment was dampened by worries that the Federal Reserve is becoming more cautious about cutting rates.

In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to $180.2 billion, up from $158.9 billion in the same period of 2024. Excluding foreign exchange tailwinds, sales were up 12%.

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Investors cheered the tech giant’s latest results showing that its huge investments in artificial intelligence are beginning to show returns.

Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as profits surged 38%. The new U.S. law, championed by President Trump, allows companies to immediately deduct equipment and R&D costs — boosting investment in AI infrastructure while cutting near-term tax bills.

Customers in select markets can return items weighing 1 to 15 pounds through doorstep return pickup handled by USPS.

Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.