Analysis of the Impact of Positive Retail Data on Direxion Amazon-Focused ETFs
Impact of Retail Data on Direxion Amazon-Focused ETFs
Amazon.com Inc AMZN emerges as a standout performer as robust consumer spending data uplifted AMZN stock. Retail sales soared 1% on a monthly basis in July, surpassing economists’ expectations of a 0.3% rise. Year-over-year, retail sales surged 2.7%, a notable improvement from a revised 2% in June. In addition, initial jobless claims dropped to a ...












