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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: US non-farm jobs surprise, Amazon and Snap in huge swing, Brent nears $93

Tech sector valuations continue to swing wildly after Amazon and Snap shares rose sharply overnight.

Better-than-expected results sent Amazon and Snap up by 14% and 59% respectively in dealings after Wall Street's closing bell, putting back heavy losses seen during regular trading.

One analyst described the latest movements as “stomach-churning” after disappointing results from Facebook business Meta Platforms triggered a tech sell-off on Thursday.

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