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Stocks mostly lower, Amazon slumps after downbeat forecast


Friday, 25 October 2019 20:45 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


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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


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