U.S. Stocks Open Mixed on Friday; Amazon Stock Tumbles 11%

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U.S. Stocks Open Mixed on Friday; Amazon Stock Tumbles 11%

Tiger Newspress2022-10-28

Stocks rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer.

The Nasdaq was own 0.2%. The Dow Jones Industrial Average added 127 points, or 0.4%. S&P 500 were down 0.1%.

Amazon led the declines in morning trading, plunging by 11% after the company postedweaker-than-expected quarterly revenueand issued disappointing fourth-quarter sales guidance

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Tj23
·2022-10-29
Ok
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PearlynCSY
·2022-10-29
Stocks rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer. The Dow Jones Industrial Average closed 828.52 points, or about 2.6%, higher at 32,861.80. The S&P 500 added nearly 2.5%, to close at 3,901.06. The Nasdaq Composite ended up about 2.9%, to close at 11,102.45. The stock market has fractured this week as investors dumped technology shares following weak results and outlooks from Microsoft, Alphabet and Meta and rotated into economically sensitive stocks that will benefit if the U.S. economy can skirt a recession. At the same time, investors have found hope in data that came out over the course of the week indicating inflation may be easing, increasing optimism that the Federal Reserve could break from its trend
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- powerbert:
  I don't know the present stock rebound will last how long.
  2022-10-29
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- JohnL:
  Thanks
  2022-10-29
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- Jerry79:
  👍
  2022-10-29
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Ytyt
·2022-10-29
Ok
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Vincentan59
·2022-10-28
😾😾😾😾
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- Tj23:
  Ok
  2022-10-29
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Jazmin22
·2022-10-28
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Jazmin22
·2022-10-28
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Jazmin22
·2022-10-28
Share your opinion about this news…
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class=\"s1\">👌</span>"},{"id":104563466,"gmtCreate":1667014535112,"gmtModify":1667014539317,"authorId":3573703375513385,"author":{"id":3573703375513385,"authorId":3573703375513385,"name":"JonLucky","avatar":"https://static.tigerbbs.com/15afb66e92e4e4d6d1a8e9b7854e9d5e","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986547620,"type":1,"supId":0,"prevId":0,"content":"rays sunshine peeking through the dark clouds","text":"rays sunshine peeking through the dark clouds","html":"rays sunshine peeking through the dark clouds"}],"langContent":"EN"},{"id":9986595841,"gmtCreate":1666974316583,"gmtModify":1676537843496,"author":{"id":"4094269572113460","authorId":"4094269572113460","name":"Ytyt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986595841","repostId":1183810699,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9986269534,"gmtCreate":1666964879528,"gmtModify":1676537841040,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1},"htmlText":"😾😾😾😾","listText":"😾😾😾😾","text":"😾😾😾😾","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986269534","repostId":1183810699,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104559396,"gmtCreate":1667002037909,"gmtModify":1667002041125,"authorId":3571780042589602,"author":{"id":3571780042589602,"authorId":3571780042589602,"name":"Tj23","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9986269534,"type":1,"supId":0,"prevId":0,"content":"<span 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