Epic Research Update : US Markets

US stocks dropped on Friday, pulled lower by a selloff in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.

The Dow Jones industrial average fell 140.19 points or 0.85 percent, to end at 16,361.46. The S&P 500 dropped 15.21 points or 0.81 percent, to 1,863.40. The Nasdaq Composite tumbled 72.78 points or 1.75 percent, to 4,075.56.

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