Amazon.com Inc. stock reached a record closing high with its best one-day percentage gain in more than two years Friday, as a strong earnings report pushed the company’s market capitalization up more than $60 billion. Amazon shares closed higher than $1,100 for the first time with a 13.2% gain to $1,100.95, the biggest daily jump for the e-commerce giant since April 24, 2015. Amazon added nearly $62 billion to its market capitalization, which ended the session at $529.1 billion, according to FactSet. Amazon was joined in record high prices by two other tech companies and rivals in cloud-computing that reported earnings Thursday afternoon, Microsoft Corp. and Alphabet Inc. , which helped to push the Nasdaq composite index toward its strongest gains vs. the Dow Jones industrial average since 2002.
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