Why Amazon Shares Are Rising Today
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.
USA Business Inventories (MoM) for Aug 0.600% vs 0.600% Est; Prior 0.500%
USA Business Inventories (MoM) for Aug 0.600% vs 0.600% consensus estimate. The prior reading was 0.500%.
USA Retail Sales (MoM) for Sep 0.700% vs (0.200)% Est; Prior 0.700%
USA Retail Sales (MoM) for Sep 0.700% vs (0.200)% consensus estimate. The prior reading was 0.700%.
USA EIA Natural Gas Inventories for Oct 8 BCF81.000B vs BCF94.000 Est; Prior BCF118.000
USA EIA Natural Gas Inventories for Oct 8 BCF81.000 billion vs BCF94.000 consensus estimate. The prior reading was BCF118.000.
USA CPI (YoY) for Sep 5.400% vs 5.300% Est; Prior 5.300%
USA CPI (YoY) for Sep 5.400% vs 5.300% consensus estimate. The prior reading was 5.300%.
USA JOLTs Job Openings for Aug 10.439M vs 10.925M Est; Prior 10.934M
USA JOLTs Job Openings for Aug 10.439 million vs 10.925 million consensus estimate. The prior reading was 10.934 million.
USA Wholesale Trade Sales (MoM) for Aug 1.200% vs 1.000% Est; Prior 2.000%
USA Wholesale Trade Sales (MoM) for Aug 1.200% vs 1.000% consensus estimate. The prior reading was 2.000%.
US Economy Adds Just 194,000 Jobs In September: Experts React To Second Straight Major Miss
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Friday morning after the Labor Department reported its second straight disappointing monthly jobs reports.
USA Private Payrolls for Sep 317.000K vs 455.000K Est; Prior Revised from 243.000K to 332.000K
USA Private Payrolls for Sep 317.000 thousand vs 455.000 thousand consensus estimate. The prior reading was revised from an initial 243.000 thousand to 332.000 thousand.
USA Nonfarm Payrolls for Sep 194.000K vs 500.000K Est; Prior Revised from 235.000K to 366.000K
USA Nonfarm Payrolls for Sep 194.000 thousand vs 500.000 thousand consensus estimate. The prior reading was revised from an initial 235.000 thousand to 366.000 thousand.