Amazon's Strong Performance Boosts Global Stock Indexes
ICARO Media Group
### Global Stock Indexes Rise Fueled by Amazon's Strong Performance
Global stock indexes saw an uptick on Friday, driven notably by a rally in Amazon.com shares following the company's earnings report that exceeded expectations. Meanwhile, the bond market experienced a shift, as 10-year Treasury yields reached a four-month peak. This surge reflects investor caution ahead of the U.S. presidential election set for Tuesday.
The positive market movement can be attributed in part to Amazon.com's robust financial results, which provided a boost to investor confidence. On the other side, the bond market exhibits a growing wariness among investors, who are hesitant to commit to bonds with the looming uncertainty of the election.
The Morning Bid U.S. newsletter, a valuable resource for tracking U.S. and global market developments, highlights these trends. The newsletter is supported by extensive reporting, including contributions from seasoned journalists like Abigail Summerville in New York and Lisa Mattackal in Bengaluru, with editorial oversight by Matthew Lewis.
Abigail Summerville, who focuses on mergers and acquisitions involving consumer and retail deals, has been with Reuters since 2022. Her background includes covering leveraged finance and the primary debt market at Debtwire, and her work has been featured in esteemed publications such as the Wall Street Journal, CNBC, and the Boston Business Journal. She is a business journalism graduate of Washington and Lee University.
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