Nasdaq Down Over 600 Points; Amazon Shares Fall Following Weak Q3 Results
benzinga_article·
- U.S. stocks traded lower on Friday, with the Nasdaq Composite dropping over 600 points amid declines in major market indices.
- Amazon shares fell roughly 5% after reporting weaker-than-expected third-quarter revenue of $201.94 billion and earnings of $1.89 per share.
- Sector performance varied as consumer staples rose 2.2%, while information technology stocks declined by 3.3%.