Markets today: Wall Street hit by U.S. Fed jitters to close wild April [BNN Bloomberg (Canada)]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: BNN Bloomberg
On the eve of the Fed decision, a broad gauge of U.S. labor costs closely watched by policymakers jumped the most in a year. The data signaled wage pressures, reinforcing bets that officials will keep rates unchanged at a two-decade high Wednesday — and are unlikely to lower them anytime soon. That perception combined with a plunge in consumer confidence weighed heavily on equities — which suffered their worst month since September. “The markets are in full fear-mode going into tomorrow's Fed announcement,” said Andrew Brenner at NatAlliance Securities. “Rates won't go down in the near future and equities are having trouble justifying their prices.” The last time Fed Chair Jerome Powell spoke he pointed to the lack of further progress in bringing inflation down, and to enduring strength in the labor market. The latest inflation signals — in tandem with expectations for a robust employment report on Friday — aren't likely to lead him to change his tune. The S&P 500 fell 1.6 per
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News
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- You're Buying So Much From Temu And Shein The Air Cargo Industry Can't Keep Up [Forbes]Forbes
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/20/24 - Form PX14A6G
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website