Wall Street ends Friday in the red after GDP Data disappoints
Even though it lost ground Friday, the S&P 500 managed to grow 5% in April
4:10pm: S&P 500 grows 5% in April
The Dow closed Friday down 186 points, 0.5%, at 33,875. The Nasdaq slipped 120 points, 0.9%, to 13,963, and the S&P 500 declined 30 points, 0.7%, to 4,181.
Even though it lost ground Friday, the S&P 500 managed to grow 5% in April.
Twitter Inc (NYSE:TWTR) was among the laggards, as its stock dropped more than 15% to $55.24 after reporting user growth numbers and second-quarter revenue guidance that both missed Street expectations.
12:05pm: Amazon profits triple to $8.1 billion
The Dow was down 203 points, 0.6%, to 33,857 at midday. The Nasdaq Composite lost 56 points, 0.4%, to 14,026, and the S&P 500 slid 23 points, 0.6%, to 4,188.