Amazon Jumped Today -- Is the Stock a Buy Right Now?

Amazon (NASDAQ: AMZN) stock saw significant gains Tuesday. The company's share price closed out the session up 3.6% and had been up as much as 5.7% earlier in the session. The S&P 500 and the Nasdaq Composite rose 2.5% and 2.7%, respectively.The stock market continued to its run of high volatility in today's trading, but investors got a welcome day of rebound momentum on the heels of yesterday's big sell-off. Stocks saw a strong run of bullish trading following a report from Bloomberg today that Treasury Secretary Scott Bessent had said that he expected de-escalation on the trade war between the U.S. and China.The news helped effectively erase yesterday's sell-off, which was driven by President Donald Trump ramping up his criticism of Federal Reserve Chair Jerome Powell and stating that the central banking authority should immediately cut interest rates in order to support U.S. economic growth. Despite today's jump, Amazon stock is down 21% in 2025 and 28.5% from its high. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool