Amazon stock became fifth $2 trillion market cap company Wednesday. Analysts believe Amazon can still boost retail margins. Read More...
This Sector Is Leading the S&P 500’s Gains. It’s Not Information Technology.
The S&P 500’s consumer discretionary sector was leading the way on Wednesday, but Magnificent Seven stocks like Tesla and Amazon.com were the biggest drivers of gains. The consumer discretionary sector was up 2.1%, on track for its best day since Feb. 22, 2024, according to Dow Jones Market Data. The two top stocks in the sector were Tesla, up 4.5%, and Amazon, up 4.1%.
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