Alphabet and Amazon receive Buy recommendations
The S&P 500 continues to trade higher by 1.3% in a broad-based advance.  Looking at some notable ratings changes, Alphabet (GOOG 2863.24, +30.88, +1.1%) and Amazon.com (AMZN 3439.71, -2.72, -0.1%) were assumed with Buy ratings at UBS, but only Alphabet is keying off the analyst recommendation. Overseas, the major European indices closed on a lower note. Germany's DAX lost 1.4%, UK's FTSE lost 0.6%, and France's CAC lost 1.3%. The Europe Stoxx 600 declined 1.1%.