Wall Street Preview: Blame It on Amazon and Starbucks

disappointing earnings from Amazon.com and Starbucks wiped out any chance of gains on Friday for the S&P 500 and Nasdaq.
Author:
Publish date:

U.S. stock futures were rising Monday, July 31, and European shares traded higher following a record closing high for the Dow Jones Industrial Average to end last week and ahead of a busy week for earnings reports, including a report from tech giant Apple Inc. on Tuesday, Aug. 1.  The Dow finished Friday at 21,830, a record for its third day in a row. But disappointing earnings from Amazon.com Inc. (AMZN) - Get Report  and Starbucks Corp. (SBUX) - Get Report  wiped out any chance of gains on Friday for the S&P 500 and Nasdaq. 

More of What's Trending on TheStreet: