Wall Street opens higher, Amazon soars

Fri Apr 27, 2012 9:40am EDT
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NEW YORK (Reuters) - Stocks opened higher on Friday, putting Wall Street on track for a fourth day of gains as Amazon Inc (AMZN.O: Quote) rallied after strong quarterly results.

Ford Motor Co (F.N: Quote) also added to the strong earnings season, but market gains were limited after economic growth cooled more than forecast in the first quarter.

The Dow Jones industrial average .DJI was up 25.43 points, or 0.19 percent, at 13,230.05. The Standard & Poor's 500 Index .SPX rose 3.81 points, or 0.27 percent, at 1,403.79. The Nasdaq Composite Index .IXIC put on 8.06 points, or 0.26 percent, at 3,058.67.

Amazon surged 15 percent to $225.25, while Ford was up 1.1 percent at $12.

(Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)

Traders work on the floor of the New York Stock Exchange April 25, 2012. REUTERS/Brendan McDermid