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US futures point to a mixed open after Amazon earnings disappoint


Friday, 25 October 2019 15:17 WIB

Indeks saham berjangka A.S.


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U.S. stock index futures were trading mixed on Friday morning.

At around 3:00 a.m. ET, Dow futures rose 29 points and indicated a slightly higher open. Futures on the S&P and Nasdaq both edged slightly lower.

Wall Street ended Thursday on a slightly positive note on the back of earnings reports from Microsoft and Tesla. But after the bell, Amazon disappointed investors with its third-quarter results with CEO Jeff Bezos reportedly losing $6.9 billion in one evening. Shares were down nearly 7% in premarket trading.

The market focus Friday remains on the corporate sector. A-B InBev, Barclays and Verizon are among some of the major companies set to report earnings before the opening bell. Autoliv and Philips will be reporting their latest quarterly figures after market close.

Source: CNBC


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