Amazon stock outperforms Nasdaq in quiet week as July 6 open approaches
Amazon.com, Inc. heads into Monday’s U.S. open coming off a better week than the Nasdaq, though trading was messier than the weekly numbers look. Shares finished Thursday at $242.67, up $9.98 over where they settled June 26 at $232.69. That’s a 4.3% jump for the four-day week. The Nasdaq Composite added 2.1%. The S&P 500 advanced 1.8% and the Dow climbed around 2% as U.S. trading paused Friday for Independence Day observed. Nasdaq listed July 3 as a market holiday, with normal trading hours from 9:30 a.m. to 4 p.m. Eastern.