Stocks open lower, with Nasdaq down 0.9% after Amazon results disappoint

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Stocks opened lower Friday, with the tech-heavy Nasdaq Composite leading major averages to the downside after disappointing quarterly results from online-retailing juggernaut Amazon.com Inc. The Dow Jones Industrial Average
DJIA,
-0.42%
was down 64 points, or 0.2%, at 35,021, while the S&P 500
SPX,
-0.54%
declined 0.6% to 4,393.34. The Nasdaq
COMP,
-0.71%
dropped 0.9% to 14,645.47. Shares of Amazon
AMZN,
-7.56%
declined more than 7% in early trade.

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