Stock Market Today: Amazon, Visa Drag on U.S. Markets, S&P 500 Flat for the Week

NEW YORK (TheStreet) -- U.S. stock markets slipped on Friday as some of the largest names, including Amazon (AMZN) and Visa (V), reported unimpressive earnings.

Amazon, the world's largest online retailer, plunged 9.7% to $324.01 after reporting a net loss of 27 cents a share, far wider than an expected 15 cents a share loss, and guiding for a third-quarter operating loss as deep as $810 million.

Visa shares pulled the Dow Jones Industrial Average lower after downwardly-revising its annual revenue growth to 9% to 10% from a previous forecast of 10% to 11%. Shares closed 3.6% lower to $214.77.

Read More: How a Target Heir Is Customizing Dresses to Beat the Rack

Read More: July 25 Premarket Briefing: 10 Things You Should Know

Read More: Amazon Fire Phone Review: That's All Ya Got?

International markets also weighed on investor sentiment. The UK FTSE 100 closed 0.44% lower and the DAX in Germany was down 1.53% after the German Ifo business climate index dropped to a nine-month low of 108 amid escalating geopolitical tensions.

The S&P 500 ended the session down 0.48% to 1,978.34, after booking its 72nd closing all-time high for this bull market Thursday as analysts hiked their growth outlook for the second-quarter earnings season. The Dow was lower by 0.72% to 16,960.57 The Nasdaq slipped 0.5% to 4,449.56.

The S&P 500 is looking to end the session little changed from the beginning of the week as investors await next week's July jobs report and Federal Reserve policy update.

If you liked this article you might like

Forecast for S&P 500, Dow Industrials Remains Bullish, These Charts Show

Dow 20,000! It Should Mean Nothing to Investors, but Then Again...

Tradebird Investors Are Bullish on U.S. Stocks but Bearish on the Euro

Why Home Depot and Boeing Stock Fell Tuesday