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NEW YORK (AP) — Amazon led U.S. stock indexes higher on Friday, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest ...
Amazon (NASDAQ: AMZN) stock is gaining ground in Tuesday's trading. The company's share price was up 2.7% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 0.4%, and the Nasdaq Composite index ...
Google-parent Alphabet, Meta, and Amazon also ended lower. The Nasdaq retreated from its record above 20,000 set on Wednesday, and the Dow Jones Industrial Average fell over 230 points.
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Indexes ended higher, with a 460-point gain for the Dow. Wall Street cheered Nvidia earnings, raising price targets for the chip maker. Other Big Tech shares struggled, with Alphabet, Amazon, Meta ...
Meta and Microsoft slid after slight earnings beats, and Amazon and Apple are set to report after market close. PCE inflation, the Fed's preferred inflation gauge, dropped to 2.1% while jobless ...
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