amazoncom inc amzn shares are trading higher by 298 to 11637 during mondays trading session shares of several companies in the broader consumer discretionary sector are trading higher amid a rebound in equities following september weakness ongoing fed policy tightening and inflation concerns have weighed on the sector and consumer spending outlook a drop in treasury yields has also helped lift the broader market in todays session the 10year treasury yield hit an intraday low of 3569 monday morning before rising to around the 3637 level the intraday drop in us treasury yields benefits companies such that when interest rates otherwise rise the value of future cash flows is reduced for growth stocks which in turn lower the value of the stock equities fell in september due to concerns over inflation contractionary federal reserve policy and a potential recession an economic slowdown could negatively impact discretionary spending see also this solar companys 5year return beats tesla bitcoin ethereum ford apple microsoft and amazon