$Amazon(AMZN.US)$ shares are trading lower by 2.41% to $94.86 going into Tuesday's close. Shares of several retail & apparel companies are trading lower for the session as investors digest recent earnings reports from major retailers. Higher rates have also dampened overall market sentiment.
What's Happening With Other Retail Stocks?
Home Depot Inc shares are sliding on weak quarterly results, and one analyst sees the report as a sign that consumer spending is softening due to inflation.
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