U.S. markets open in 5 hours 54 minutes
  • S&P Futures

    4,692.50
    -6.50 (-0.14%)
     
  • Dow Futures

    35,685.00
    -61.00 (-0.17%)
     
  • Nasdaq Futures

    16,375.00
    -17.25 (-0.11%)
     
  • Russell 2000 Futures

    2,263.60
    -6.20 (-0.27%)
     
  • Crude Oil

    72.43
    +0.07 (+0.10%)
     
  • Gold

    1,787.20
    +1.70 (+0.10%)
     
  • Silver

    22.34
    -0.09 (-0.39%)
     
  • EUR/USD

    1.1321
    -0.0023 (-0.20%)
     
  • 10-Yr Bond

    1.5090
    0.0000 (0.00%)
     
  • Vix

    20.20
    -1.69 (-7.72%)
     
  • GBP/USD

    1.3203
    -0.0003 (-0.03%)
     
  • USD/JPY

    113.4600
    -0.2770 (-0.24%)
     
  • BTC-USD

    49,683.34
    -732.41 (-1.45%)
     
  • CMC Crypto 200

    1,299.23
    -5.89 (-0.45%)
     
  • FTSE 100

    7,359.27
    +22.22 (+0.30%)
     
  • Nikkei 225

    28,725.47
    -135.15 (-0.47%)
     

Why Amazon Shares Are Rising Today

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Amazon.com Inc (NASDAQ: AMZN) is trading higher Friday in sympathy with strength in the overall market following strong bank earnings this week, as well as a rise in retail sales.

Retail sales increased by 0.70% in September following close to 1% gains in August. Americans are spending enough to support an economic recovery, but they are also paying more as a result of high inflation.

Amazon's average session volume is about 3 million over a 100-day period. Friday's trading volume had already exceeded 2.6 million at publication time.

Amazon was also the top trending stock on Stocktwits at publication time.

AMZN Price Action: Amazon has traded as high as $3,773 and as low as $2,881 over a 52-week period.

The stock was up 2.37% at $3,378.21 at time of publication.

Photo: courtesy of Amazon.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.