Cyber Monday sales hit all-time high: comScore

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Cyber Monday sales hit all-time high: comScore

Post by NewsOnline on Wed Dec 01, 2010 9:03 am

Cyber Monday sales hit all-time high: comScore

Wed Dec 1, 2010

U.S. online retail sales on Cyber Monday hit an all-time high and surpassed $1 billion for the first time for any single day of web shopping, according to research firm comScore Inc.

The S&P Retail Index was up 1.5 percent in the morning, and reach its highest intraday level since September 2007.

Amazon.com Inc and EBay Inc, which are expected to be among the biggest beneficiaries of robust online shopping, saw their shares rise. Amazon shares were up 1.6 percent, while EBay's gained 1.4 percent in morning trading. http://www.reuters.com/article/idUSTRE6B039M20101201

<a href="http://www.dreamstime.com/happy-couple-shopping-online-rimage16862464-resi349473"><img src="http://thumbs.dreamstime.com/thumbimg_554/1289179126wg7HVr.jpg" alt="Happy couple shopping online" border="0"></a><br><strong>© Photographer: Arekmalang | Agency: Dreamstime.com</strong>

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