Stocks opened slightly lower Friday as investors weighed a mixed batch of corporate earnings, including a downbeat forecast from Amazon.com Inc.
The Dow Jones Industrial Average erased a small early decline to rise around 22 points or 0.1% to 26,827. While the S&P 500 was off 0.2% at 3,006. The Nasdaq Composite was 0.3% lower at 8,161.
Amazon shares slumped 3.7% after the e-commerce giant late Thursday reported its first quarterly profit decline in more than two years and said it expects to see another fall during the holiday shopping season.
Source : MarketWatch