NEW YORK, May 24, 2026, 16:03 EDT
- Amazon closed Friday at $266.32, slipping 0.8% for the session but managing a weekly gain of about 0.8%.
- U.S. markets are closed Monday for Memorial Day. Trading resumes on Tuesday.
- Investors focus on Russell index moves, AWS growth and how much companies are spending on AI.
Amazon.com shares are set for a holiday-shortened U.S. trading week, with investors watching fund flows as FTSE Russell kicks off its 2026 index changes. Analysts are pointing to a possible shift in the stock’s style tag. U.S. markets are shut Monday for Memorial Day and open again Tuesday.
Amazon finished Friday at $266.32, off 0.8%, as the wider market gained. Shares kept a weekly increase of about 0.8% using Friday’s close compared to last week’s $264.14.
Quiet trading over the long weekend is leaving portfolio managers with time to focus on a technical issue that could swing markets: the Russell reconstitution, the yearly shake-up that…
https://ts2.tech/en/amazon-stock-faces-a-holiday-shortened-week-with-a-big-index-wildcard/