Investors around the world were taking a step back early Friday following worse-than-expected quarterly results from Google and Microsoft.
U.S. stock futures were barely changed ahead of the opening bell.
Google ( and )Microsoft ( reported disappointing )quarterly numbers, sending their shares sharply lower in premarket trading and souring the broader market mood after another record close. Microsoft was hit by a big write-down on its Surface tablet.
Earnings season marches on Friday.
Shares of General Electric ( rose after the conglomerate reported earnings and sales roughly in line with estimates, and said it saw strong growth in U.S. orders. )
Schlumberger's ( stock rose after the energy company reported a bump in sales and profit, driven by drilling successes on land and deepwater. )
Whirlpool ( raised its guidance for the year as the appliance maker reported a significant gain in quarterly sales and profit. )
Honeywell ( reported better-than-expected earnings and raised its outlook for the year. )
U.S. stocks finished higher Thursday, with the Dow Jones industrial average and S&P 500 closing in record territory once again, as investors welcomed a batch of solid earnings reports earlier in the day.
All three indexes are up sharply for the year.
The Dow and S&P 500 have gained nearly 19% while the Nasdaq has rallied almost 20%.
In international markets, European indexes lost ground in morning trading.