Shares of Amazon.com Inc. inched 0.98% higher to $3,221.00 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,345.72 and the Dow Jones Industrial Average rising 0.92% to 34,314.67. The stock’s rise snapped a six-day losing streak. Amazon.com Inc. closed $552.08 short of its 52-week high ($3,773.08), which the company reached on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as eBay Inc. rose 2.19% to $69.97, Alphabet Inc. Cl A rose 1.77% to $2,720.46, and Walmart Inc. rose 0.66% to $136.62. Trading volume (2.9 M) remained 181,302 below its 50-day average volume of 3.1 M.