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Nasdaq futures fall after weak Amazon guidance adds pressure to tech rout

Nasdaq 100 futures were lower Thursday night after disappointing Amazon earnings added to the already pressured index. Earlier in the day, the Nasdaq Composite lost 1.6% due to a rout in Meta and other tech stocks. The Dow rose 194.17 points, or 0.6%, for its fifth straight day of wins, helped by GDP data that hinted that inflation may be waning. Friday brings a quieter day for earnings, as investors digest the bloodbath in tech, they’ll have Chevron and Exxon Mobil on deck before the bell as well as AbbVie and Colgate-Palmolive. Still, Apple beat analysts’ estimates for earnings and revenue in the third quarter, but Apple shares reversed slightly higher after falling as much as about 4% after hours. . . .

Read more at www.cnbc.com