NEW YORK — Stock markets around the world sagged on Friday after Amazon and other big companies reported quarterly results that underwhelmed investors.
The Standard & Poor’s 500 index lost 3.32 points, or 0.1 percent, to 2,472.10 and closed a week packed with corporate earnings reports where it started. It set a record during the middle of it.
The Dow Jones industrial average gained 33.76 points, or 0.2 percent, to 21,830.31 and set another all-time high. The Nasdaq composite fell 7.51, or 0.1 percent, to 6,374.68.
A little more than half the companies in the S&P 500 have now shown how much profit they made during the spring, and the results have been encouraging. Earnings for the index are on pace to be about 9 percent higher than a year earlier, according to FactSet. But expectations were high coming into the reporting season, and the companies that fell short of forecasts have seen their stocks punished.
