Big earnings for “Wall Street” with the support of “Meta” and “Apple”

Wall Street has closed in Significant upside Thursday after a positive earnings report from Meta Platforms lifted previously damaged growth and technology stocks and thwarted concerns about the US economy’s first-quarter contraction.

Shares of the Facebook owner company rose 17.6% after the social network announced higher-than-expected profits and recovered from a drop in user numbers.

Shares of Apple and Amazon also rose more than 4%.

And based on unofficial data, the Standard & Poor’s 500 index closed in rise of 2.47%, closing the session at 4287.50 points.

The Nasdaq Index rose 3.06% to 12,871.53 points, while the Dow Jones Industrial Average rose 1.85% to 33916.39 points.