Wall Street Opens Lower as Earnings Weigh; Amazon Tumbles
New York: US stocks fell at the open on Friday following back-to-back record high closes on the S&P 500, weighed by declines in Amazon and Visa after the companies reported earnings.
The Dow Jones industrial average fell 90.71 points, or 0.53 per cent, to 16,993.09.
The S&P 500 lost 6.93 points, or 0.35 per cent, to 1,981.05.
The Nasdaq Composite dropped 25.98 points, or 0.58 per cent, to 4,446.13.
Amazon was the largest decliner on the S&P 500, down nearly 12 per cent.
Copyright @ Thomson Reuters 2014
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