Trending: Amazon Recovers From Trump's Tweets
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Trending: Amazon Recovers From Trump's Tweets
Iuri StrutaMay 03, 2018
Amazon’s stock is recovering from losses stemmed from President Donald Trump’s tweets – which accused the technology giant of not paying its fair share of taxes – through strong financial results.
U.S. Treasuries were first in the list this week, trending thanks to the fact that 10-year government bond yields recently crossed the 3% threshold. Amazon was second as the stock continued its recovery in recent days. The U.S. dollar has appreciated due to higher Treasury yields, while consumer staples have underperformed lately. FAANG stocks are last on the list.
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