Wall St. opens lower on Amazon, Ford results

NEW YORK - U.S. stocks opened lower on Friday as a number of bellwether names, including Amazon (AMZN.O) and Ford (F.N), fell following their quarterly results, overshadowing positive numbers from Microsoft (MSFT.O).

Amazon shares fell 7.5 percent to $310.80, while Ford was off 3.1 percent at $15.82. Microsoft, a Dow component, rose 1.1 percent to $40.29.

The Dow Jones industrial average .DJI was down 53.49 points, or 0.32 percent, at 16,448.16. The Standard & Poor's 500 Index .SPX was down 4.91 points, or 0.26 percent, at 1,873.70. The Nasdaq Composite Index .IXIC was down 28.07 points, or 0.68 percent, at 4,120.27.  — Reuters

source: gmanetwork.com