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NewsWatch: Amazon stock falls 6% as pandemic sales boom appears to stall

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Amazon.com Inc. sales growth slowed down in the second quarter of the year as bricks-and-mortar stores reopened across the U.S., sending shares south in after-hours trading Thursday. See full story.

Pfizer says immunity drops to 83% within four months in people who got its COVID-19 shot, further bolstering the company case for a booster

The effectiveness of Pfizer’s COVID-19 shot can drop to 83.7% within four to six months after getting the second dose of its vaccine. This is the latest indication that vaccine-induced immunity to the virus can wane and some kind of boost may be necessary in the future. See full story.

U.S. economy tops pre-COVID level with GDP surging at 6.5% pace in the spring

The U.S. economy grew at a blistering pace in the spring and repaired most of the damage caused by the pandemic thanks to widespread coronavirus vaccinations and a nearly full reopening of the economy. See full story.

Robinhood stock jeered in its public debut

Robinhood Markets Inc., which has disrupted Wall Street with its no-fee trading app, was jeered in its public debut on Thursday, as the stock stumbled below its reference price minutes after the open, and stayed there. See full story.

U.S.stocks end higher as investors shake off GDP data, Robinhood makes trading debut

U.S. stocks shrug off a weaker-than-expected reading on second-quarter gross domestic product and other economic data, while Robinhood Markets makes its trading debut. See full story.

MARKETWATCH PERSONAL FINANCE

Thursday’s top personal finance stories See full story.

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