US STOCKS-Futures sink as grim forecasts from Amazon, Apple fan recession fears (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
US STOCKS-Futures sink as grim forecasts from Amazon, Apple fan recession fears – U.S. stock index futures tumbled on Friday as gloomy forecasts from megacaps Amazon and Apple heightened fears that the Federal Reserves aggressive interest rate hikes were finally slowing the economy and could hammer corporate earnings. Amazon.com Inc joined a chorus of Big Tech firms that have disappointed investors this week …

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