Yahoo! Finance: Company News
US STOCKS-Wall Street closes sharply lower on Amazon slump, inflation worries – Wall Street slid on Friday to its deepest daily losses since 2020, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates. Amazon.com Inc tumbled 14.05% in its steepest one-day drop since 2006, leaving …