🔴 Amazon is trading 3% down today as strong jobs report delays rate cut hopes

AMZN is trading at $197.97 (-2.99%) as of 11:21 AM EST, declining alongside broader markets as a strong jobs report dampens hopes for a Fed rate cut.

• The stock is falling in line with major indices, with the S&P 500 down 1.01% and the NASDAQ dropping 1.62%.
• Sentiment remains pressured by last week's Q4 earnings and a $200 billion 2026 capex forecast, despite no new company-specific news today.
• Investors are recalibrating expectations after yesterday's payroll data showed 130,000 jobs added, suggesting a labor market too resilient for immediate policy easing.