After an eventful week filled with earnings and plenty of volatility in the energy sector, Wall Street finished pretty much flat on Friday
Driven by disappointing financial results in several major tech companies, including Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT), the Nasdaq 100 Index slipped 0.8 percent, marking the largest move among the main U.S. stock indexes on Friday. In fact, the largest decliners in the tech-heavy index were Microsoft, which lost 7.17 percent, and Alphabet, Google’s parent company, which tumbled more than 5.3 percent. Another big loser was Starbucks Corporation (NASDAQ: SBUX), which lost 4.88 percent on disappointing results as well, especially on the revenue front.
Microsoft and Alphabet also weighed ...
/www.benzinga.com/news/earnings/16/04/7875229/after-hours-recap-the-markets-big-week-and-some-after-hours-movers alt=After-Hours Recap: The Markets' Big Week And Some After-Hours Movers>Full story available on Benzinga.com
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