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US stocks set to end the week on the back foot after quarterly earnings disappoinment from both Apple and Amazon

US stocks set to end the week on the back foot after quarterly earnings disappoinment from both Apple and Amazon

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US stocks look set to end the week on the back foot after quarterly reports released after-hours on Thursday from both Apple Inc and Amazon Inc showed the impact of supply-chain problems and tight labor markets. Futures for the Dow Jones Industrial Average were 0.2% lower in Friday, while those for the S&P 500 fell 0.5%, and contracts for the tech-laden Nasdaq-100 shed 0.9% weighed by disappointments from two of its biggest components.

...read full article on Proactive Investors

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