Amazon (AMZN) Stock Rises on Strong Jobs Report

Amazon (AMZN, Financial) shares experienced a 1.42% increase today, driven by a strong U.S. jobs report that lifted market sentiment. The favorable economic data included a rise in nonfarm payrolls by 254,000 in September 2024, significantly exceeding expectations of 150,000, and a drop in the unemployment rate to 4.1%, which was below the forecasted 4.2%.Amazon.com Inc (AMZN, Financial), traded on NASDAQ under the ticker AMZN, saw its stock price increase to $184.54. The company has a market capitalization ...