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Benzinga

Business

Henry Khederian

Here's Why Amazon, Etsy And Target Shares Are Rising

Etsy Amazon Target Nasdaq

Shares of several companies in the retail & apparel sector, including Amazon.com, Inc. (NASDAQ:AMZN), Etsy Inc (NASDAQ:ETSY) and Target Corporation (NASDAQ:TGT), are trading higher amid overall market strength following a lighter-than-expected U.S. PPI report.

USA PPI month-over-month for Feb was 0.800% vs the 0.900% consensus estimate. The prior reading was 1.000%.

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