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U.S. tech stocks shape up for another day of selling after Amazon disappoints

Reuters

All eyes on Amazon shares Friday

Technology stocks looked set for another selloff on Friday, with Nasdaq-100 stock futures deep in the red after Amazon massively missed forecasts, as the broader market also pointed to a struggle. Leading the way south, Nasdaq-100 futures NQU7, -0.92%  slid 47 points, or 0.8%, to 5,862.75. S&P 500 futures ESU7, -0.29%  fell 5.4 points, or 0.2%, to 2,466.50. Dow Jones Industrial Average futures YMU7, -0.14%  eased 21 points to 21,722. Those futures indicate the Dow may struggle to notch another closing record, as it did on Thursday, when it ended 0.4% higher at 21,796.55. Techs came under heavy pressure in that session, with the Nasdaq Composite Index COMP, -0.63%  closing 40 points, or 0.6%, lower at 6,382. At one point, it was down over 100 points. That selling weighed on the S&P 500 indexSPX, -0.10%  , which closed off 0.1% to 2,475.42.

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