Stocks open lower, with Nasdaq down 0.9% after Amazon results disappoint

Dow Jones2021-07-30

MW Stocks open lower, with Nasdaq down 0.9% after Amazon results disappoint

Stocks opened lower Friday, with the tech-heavy Nasdaq Composite leading major averages to the downside after disappointing quarterly results from online-retailing juggernaut Amazon.com Inc. The Dow Jones Industrial Average was down 64 points, or 0.2%, at 35,021, while the S&P 500 declined 0.6% to 4,393.34. The Nasdaq dropped 0.9% to 14,645.47. Shares of Amazon $(AMZN)$ declined more than 7% in early trade.

-William Watts

$(END)$ Dow Jones Newswires

July 30, 2021 09:32 ET (13:32 GMT)

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