FXEmpire
21 May 2026, 14:57 UTC · 23w ago
S&P500: US Indices Drop as Oil Rebound Shakes Stock Market Forecast
Impact · against what's priced in
Macro headwinds from rising oil prices and Treasury yields create a general drag on equities, while NVDA's muted reaction to 85% growth suggests a valuation ceiling. For AMZN, the technical slip is a marginal data point compared to the central dispute over FCF normalization.
- AMZN−0.05
Doesn't touch the price's assumptions
- The price assumes
FCF normalization: 2026-27 capex of $200-220bn earns its return and FCF margin recovers





