Five Things You Need to Know to Start Your Day
Amazon beats. GDP is faster than expected. ECB holds rates. Here’s what you need to know today.
Amazon.com Inc. reported revenue and profit that topped analysts’ estimates, buoyed by rising sales in its retail unit and cost cutting. Sales for Amazon Web Services were slightly less than expected. Ford Motor Co.’s third-quarter results fell short of expectations. The automaker withdrew its full-year outlook. Stocks tumbled in regular trading Thursday even though long-term Treasury yields fell. The tech-heavy Nasdaq 100 has now fallen more than 10% since its July peak.