Stock Futures Fall After Apple, Amazon Earnings – The Wall Street Journal

U.S. share benchmarks declined after quarterly reports from Apple and Amazon.com showed that supply-chain problems and tight labor markets are hitting even some of the biggest corporate winners of the pandemic.

The S&P 500 fell 0.5% Friday, as the broad market index pared recent gains after the New York opening bell. The index hit a record Thursday and is on track for its largest one-month percentage gain since November. The tech-focused Nasdaq Composite declined 0.7% and the Dow Jones Industrial Average edged down 0.2%. 

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