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Benzinga
Benzinga
Business
Shanthi Rexaline

US Market Set To End Week With Whimper As Amazon Drags Nasdaq Futures Lower; Apple, Pinterest, Oil Giants, Inflation Readings In Focus

U.S. index futures are uniformly lower on Friday, as tech stocks continue to drag the overall market.

The major U.S. averages closed Thursday’s session on a mixed note, with the S&P 500 and the Nasdaq Composite indices declining sharply, while the Dow Industrials bucked the downtrend. While earnings reports from a couple of Dow components propped up the blue-chip average, earnings also proved to be the undoing of the tech-heavy Nasdaq index.

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