Midday Market Report: Earnings, Sentiment Fail To Change Investors' Bearish Outlook: StockTwits.com

NEW YORK (TheStreet) -- Earnings and consumer sentiment did little to lift the major indices Friday morning. The Dow, Nasdaq and S&P 500 each fell more than half-a-percent in the wake of disappointing results from online retail giant Amazon  (AMZN) and Ford  (F). Strong results from Microsoft  (MSFT) didn't silence chatter about a tech bubble. And a nine-month high in consumer sentiment failed to counter rising concerns about war in the Ukraine.

$SPY $QQQ $DIA a better than expected Michigan consumer sentiment gives only a temporary reprieve

- Lurky (@lurky) Apr. 25 at 09:57 AM

$P $QQQ $SPY $IWM $VXX $SOCL No one going to hold on the weekend with Ukraine so hot right now.

- Alex K (@AKEB) Apr. 25 at 09:44 AM

Amazon fell more than 8.5% after investors decided the company's declining operating income didn't warrant an 80X price to 2015 earnings multiple. Some investors said the severity of the sell-off showed that the five-year bull market was officially in the midst of a correction.

That's how bull mkts act-bad ER are lightly sold off,no damage-good ER pop and gr8t ER explode. Corrections/bear mrkts react different $AMZN

- Optionshero (@OptionsHero) Apr. 25 at 10:10 AM

Sentiment on the ETFs that track the S&P 500, $SPY, Dow, $DIA, and Nasdaq, $QQQ, was majority bearish, according to StockTwits? analytics. This despite consumers feeling the best they have in a long time. A Thomson Reuters/University of Michigan survey showed consumers felt more positively about the economy than they had in nine months. The index hit 84.1, beating consensus estimates and preliminary numbers.

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