John Conlon | Source | Chief Equities Strategist, People's United Advisors at People's United Advisors
John Conlon
Chief Equities Strategist, People's United Advisors at People's United Advisors
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The important part is that the online sales were much stronger than expected. The brick-and-mortar were less than expected, so the online sales, and principally Amazon, saved the day.
1 July 2020
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1 July 2020articleNasdaq tops 9,000 on boosts from Amazon, trade optimismThe Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.
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People's United Advisors
Chief Equities Strategist, People's United Advisors