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April 29 Premarket Briefing: 10 Things You Should Know

Here are 10 things you should know for Friday, April 29:

1. -- U.S. stock futures were mixed Friday following a slide on Wall Street led by declining technology shares and slower U.S. economic growth during the first quarter.

European stocks fell sharply as airline stocks crashed following a warning from the parent of British Airways.

Asian shares ended Friday mostly lower. Hong Kong's Hang Seng index fell 1.5%.

Oil prices in the U.S. early Friday rose 0.9% to $46.47 a barrel.

2. -- The economic calendar in the U.S. Friday includes Personal Income and Personal Spending for March at 8:30 a.m. EDT, Chicago PMI for April at 9:45 a.m., and the university of Michigan (final) Sentiment Index for April at 10 a.m.

3. -- U.S. stocks on Thursday fell as Apple (AAPL - Get Report) declined and wiped out any earlier gains for the tech-heavy Nasdaq after billionaire investor Carl Icahn said he no longer had any stake.

The S&P 500 and Dow Jones Industrial Average, already falling before the Apple news, plumbed new session lows to close out the day. The S&P 500 fell 1%, the Dow slid 1.3%, and the Nasdaq tumbled 1.1%.

Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL? Learn more now.

4. -- Amazon (AMZN - Get Report) reported first-quarter earnings that topped Wall Street forecasts as sales jumped 28% to $29.1 billion.

Earnings were $1.07 a share, blowing past expectations of 58 cents.

Founder and CEO Jeff Bezos said that Amazon.com's devices, such as the Fire tablets and the Fire TV Stick streaming media player, were the top-selling products.

The company's...


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