US pre-open: Futures in the red following Amazon earnings
Wall Street futures were in the red ahead of the opening bell on Friday following some big tech earnings overnight and ahead of a few key data points scheduled for later in the day.
As of 1225 BST, Dow Jones futures were down 0.38%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.74% and 1.07% lower, respectively.
The Dow closed 614.46 points higher on Thursday as corporate earnings continued to stream in and investors digested an unexpected decline in first-quarter gross domestic product.
In the corporate space, Amazon shares slid in pre-market trading after the eCommerce giant posted earnings that failed to meet expectations and issued revenue guidance that fell short of analysts' estimates.
Amazon said on Thursday that first-quarter adjusted earnings per share of $7.38 each, short of the $8.36 expected on the Street, driven by a $7.6bn loss on its Rivian investment after shares in the electric vehicle maker shed more than half their value during the period.
Also in focus, Apple stock traded lower prior to the open after the iPhone maker warned of a potential $8.0bn hit to its bottom line as a result of supply chain constraints.
No major corporate earnings were slated for release on Friday.
On the macro front, March's PCE price index will be out at 1330 BST, as will last month's personal income and spending figures, while the University of Michigan's consumer sentiment index will be published at 1500 BST.