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U.S. stocks movement | Amazon rises by 1.5% as it enters the online Autos sales Business.

On December 11, Gelonghui reported that Amazon (AMZN.US) rose by 1.5%, reaching $228.425. On the news front, Amazon today officially announced its entry into online Autos sales Business, launching Amazon Autos in certain areas of the USA. Amazon Autos is an E-Commerce Business that allows customers to search for, order, and purchase new cars, trucks, and SUVs from Dealers. Amazon will start this new Business with Hyundai in 48 cities across the USA, including Atlanta, Boston, Chicago, Los Angeles, and New York. Amazon stated that more manufacturers will be introduced next year.

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