<p><strong>亚马逊</strong>(AMZN -2.92%) 的股票在周五的交易中回落。截至东部时间下午 3:10，该公司的股价下跌了 3.5%，而 <strong>标准普尔 500 指数</strong>(^GSPC -1.64%) 下跌了 1.7%，<strong>纳斯达克综合指数</strong>(^IXIC -2.10%) 下跌了 2.2%。</p>
<p>亚马逊的估值今天随着悲观的宏观经济数据而下滑。随着今天的回调，该公司的股价今年以来已大约下跌了 2%。</p>
<h2>亚马逊股票因悲观的宏观指标而跌宕起伏</h2>
<p>投资者今天在一轮新的宏观经济数据发布后抛售股票，这些数据为股票市场描绘了更具挑战性的背景。</p>
<p>密歇根大学的消费者信心指数在 1 月份环比下降了 10%，降至 64.7，主要是由于对新关税可能带来的通胀影响的担忧。现有住宅销售在 1 月份也有所下降，而美国服务业采购经理人指数在 2 月份显示出下降趋势。</p>
<p>今天的较大回调是在 <strong>沃尔玛</strong> 昨日发布令人失望的指引后发生的。尽管该公司在上一个财政年度的年销售增长为 5.6%，但预计今年的销售增长仅在 3% 到 4% 之间。</p>
<h2>亚马逊的下一步是什么？</h2>
<p>美国经济中消费者和服务领域的疲软可能意味着亚马逊的增长前景受限。宏观经济逆风也可能导致投资者变得更加谨慎，并为成长型股票分配显著较低的估值倍数。</p>
<p>另一方面，亚马逊的长期前景依然非常乐观。随着公司在云基础设施和电子商务业务中可能仍处于利用人工智能（AI）带来的好处的早期阶段，该股票继续提供有吸引力的长期上涨空间。因此，尽管宏观经济逆风可能在短期内继续引发波动，但在回调时购买股票仍然被视为长期投资者的明智之举。</p>

亚马逊

<p>亚马逊的股票因悲观的宏观经济数据下跌了 3.5%，今年累计下降了 2%。此次下跌是由于密歇根大学消费者信心指数的下降以及现有住宅销售的减少。投资者在沃尔玛令人失望的销售指引后变得谨慎。尽管短期内波动性较大，亚马逊的长期前景依然强劲，特别是在其云计算和电子商务领域可能受益于人工智能，这使其成为长期投资者的可行选择</p>

<p><strong>Amazon</strong>(AMZN -2.92%) stock is retreating in Friday's trading. The company's share price was down 3.5% as of 3:10 p.m. ET amid a 1.7% decline for the <strong>S&amp;P 500</strong>(^GSPC -1.64%) and a 2.2% decline for the <strong>Nasdaq Composite</strong>(^IXIC -2.10%).</p>
<div class="lb-trans"><p><strong>亚马逊</strong>(AMZN -2.92%) 的股票在周五的交易中回落。截至东部时间下午 3:10，该公司的股价下跌了 3.5%，而 <strong>标准普尔 500 指数</strong>(^GSPC -1.64%) 下跌了 1.7%，<strong>纳斯达克综合指数</strong>(^IXIC -2.10%) 下跌了 2.2%。</p>
</div><p>Amazon's valuation is moving lower today in conjunction with bearish macroeconomic data. With today's pullback, the company's share price is now down roughly 2% across this year's trading.</p>
<div class="lb-trans"><p>亚马逊的估值今天随着悲观的宏观经济数据而下滑。随着今天的回调，该公司的股价今年以来已大约下跌了 2%。</p>
</div><h2>Amazon stock stumbles as bearish macro indicators mount</h2>
<div class="lb-trans"><h2>亚马逊股票因悲观的宏观指标而跌宕起伏</h2>
</div><p>Investors are selling out of stocks today following a new round of macroeconomic data that paints a more challenging backdrop for equities.</p>
<div class="lb-trans"><p>投资者今天在一轮新的宏观经济数据发布后抛售股票，这些数据为股票市场描绘了更具挑战性的背景。</p>
</div><p>The University of Michigan's Consumer Sentiment Index fell 10% on a sequential monthly basis to a score of 64.7 in January -- with concerns about potential inflationary impacts from new tariffs driving the move. Existing-home sales also dropped in January, and the U.S. Services Purchasing Managers Index is now showing a decline for February.</p>
<div class="lb-trans"><p>密歇根大学的消费者信心指数在 1 月份环比下降了 10%，降至 64.7，主要是由于对新关税可能带来的通胀影响的担忧。现有住宅销售在 1 月份也有所下降，而美国服务业采购经理人指数在 2 月份显示出下降趋势。</p>
</div><p>Today's bigger pullback comes on the heels of substantial sell-offs kicked off by <strong>Walmart</strong>'s disappointing guidance yesterday. While the company posted annual sales growth of 5.6% in its last fiscal year, it anticipates that sales will only grow between 3% and 4% this year.</p>
<div class="lb-trans"><p>今天的较大回调是在 <strong>沃尔玛</strong> 昨日发布令人失望的指引后发生的。尽管该公司在上一个财政年度的年销售增长为 5.6%，但预计今年的销售增长仅在 3% 到 4% 之间。</p>
</div><h2>What's next for Amazon?</h2>
<div class="lb-trans"><h2>亚马逊的下一步是什么？</h2>
</div><p>Weakness in the consumer and services segments of the U.S. economy could mean a stunted growth outlook for Amazon. Macroeconomic headwinds could also cause investors to become broadly more cautious and assign significantly lower valuation multiples for growth stocks.</p>
<div class="lb-trans"><p>美国经济中消费者和服务领域的疲软可能意味着亚马逊的增长前景受限。宏观经济逆风也可能导致投资者变得更加谨慎，并为成长型股票分配显著较低的估值倍数。</p>
</div><p>On the other hand, Amazon's long-term outlook continues to be very promising. With the company likely still in the very early stages of reaping the benefits of artificial intelligence (AI) when it comes to its cloud infrastructure and e-commerce business, the stock continues to offer attractive long-term upside. So while macroeconomic headwinds could continue to drive volatility in the near term, buying shares when pullbacks hit continues to look like a smart move for long-term investors.</p>
<div class="lb-trans"><p>另一方面，亚马逊的长期前景依然非常乐观。随着公司在云基础设施和电子商务业务中可能仍处于利用人工智能（AI）带来的好处的早期阶段，该股票继续提供有吸引力的长期上涨空间。因此，尽管宏观经济逆风可能在短期内继续引发波动，但在回调时购买股票仍然被视为长期投资者的明智之举。</p>
</div>

Why Amazon Stock Is Sinking Today

- 亚马逊股价在周五交易中下跌 3.5%。  
- 受宏观经济数据影响，投资者对股市持谨慎态度。  
- 尽管短期波动加剧，亚马逊的长期前景依然乐观。  

为什么亚马逊股票今天下跌