These 3 E-Commerce Stock Winners Are Sending the Nasdaq Higher Monday
Investors were pleased at the big rebound that the stock market had on Monday, and the news for the Nasdaq Composite (NASDAQINDEX: ^IXIC) was especially good. As of 3:15 p.m. EST, the Nasdaq had gained more than 2.5%, leading the way higher for the markets overall.
One set of Nasdaq stocks that has been instrumental in the index's advances lately has been the e-commerce sector. Today, some big gains from key players in the industry are powering the Nasdaq's gains, and they could continue to have a massive impact on the stock market in the future. Below, we'll look at what's sending shares of Amazon.com (NASDAQ: AMZN), MercadoLibre (NASDAQ: MELI), and Match Group (NASDAQ: MTCH) higher on Monday.
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