buyback program. Boeing shares rose nearly 1 percent after the aerospace giant reported a 13 percent increase in first-quarter profit. The broader S&P 500 index rose 8.42, or 0.6 percent, to 1,355.66. The technology-heavy Nasdaq composite index rose 22.34, or 0.8 percent, to 2,869.88. Gains were led by Amazon, whose shares jumped nearly 8 percent despite the online merchant reporting first-quarter profits that fell 33 percent and missed Wall Street forecasts. Shares of Broadcom fell more than 12 percent after the semiconductor company issued a disappointing outlook. The company had the worst performing stock in the S&P 500 and the Nasdaq.
