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Amazon (AMZN) has announced that its tenth annual Prime Day will take place between Tuesday, July 16, and Wednesday, July 17. Amazon Prime members will get access to deals across more than 35 categories, from electronics to apparel.

Yahoo Finance's Brad Smith breaks down everything you need to know about the event and some of the deals that are already available to Prime members.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Melanie Riehl