What's Going On With Amazon Shares

Amazon.com, Inc. AMZN shares are trading higher by 1.75% to $122.21 Tuesday morning amid overall market strength on hopes of a debt ceiling resolution and strength in the broader tech sector.

See Also: Amazon Delays Zero Emissions Goal

What's Going On With The Debt Ceiling?

Harvard professor and noted economist Jason Furman believes the debt ceiling agreement is significantly better than nothing but said it was too close for comfort.

"The budget/debt agreement is vastly better than nothing and probably about where things would have landed in a regular appropriations debate. I am hoping we are getting close to the end of this process and removing an unnecessary...Read More

According to data from Benzinga Pro, AMZN has a 52-week high of $146.57 and a 52-week low of $58.01.