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S&P 500 futures dip as Apple, Amazon shares drop after disappointing earnings
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cnbc.comStock futures dipped in overnight trading Thursday as shares of major technology companies suffered following disappointing earnings reports.
S&P 500 futures fell 0.2% and Nasdaq 100 futures traded 0.5% lower. Futures on the Dow Jones Industrial Average were flat.
Amazon shares dropped more than 3% in extended trading after the e-commerce giant badly missed earnings and revenue expectations for the third quarter. The company also issued disappointing guidance for the critical holiday period.
Apple stock fell 4% after the tech giant's quarterly revenue fell short of expectations amid larger-than-expected supply constraints on iPhones, iPads and Macs.
The overnight action came after the S&P 500 and the tech-heavy Nasdaq Composite closed
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