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Tech is losing some of its shine as investors take more money off the table after a record-breaking week. Stock futures are pointing to losses at the open with the Nasdaq set to lead the declines after a big profit miss from Amazon (AMZN). However, a pick up in economic growth in the second quarter could provide some comfort for Wall Street. Yahoo Finance’s Alexis Christoforous, Jared Blikre and Rick Newman, along with Sam Stovall of CFRA, discuss the day’s top business stories.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss Intel and Amazon earnings.
Stocks (^DJI, ^GSPC, ^IXIC) pulling back and erasing gains as worry now builds on Wall Street.