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Benzinga
Benzinga
Business
Adam Eckert

Why Amazon Shares Are Trading Lower Today

Amazon US Federal Reserve Amazon.com Inc

Amazon.com Inc (NASDAQ:AMZN) is trading lower Monday amid continued overall market weakness as Fed rate hike concerns weigh on stocks.

The Federal Reserve is expected to start hiking interest rates and reducing the amount of bonds it buys each month. The Fed may also begin cutting the nearly $9 trillion in assets it's holding.

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