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News: Business

US futures fall after tech giants rattle market

October 19, 2012 | Modified: October 19, 2012 at 9:01 am
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Photo -   FILE - In this Thursday, Oct. 18, 2012, file photo, traders work on the floor of the New York Stock Exchange. World stock markets fell Friday as disappointing U.S. corporate earnings provided a reason to book profits on recent gains while investors waited for a progress report from European leaders concluding a summit on the region's debt crisis. Wall Street also looks set to retreat. (AP Photo/Richard Drew, File)
FILE - In this Thursday, Oct. 18, 2012, file photo, traders work on the floor of the New York Stock Exchange. World stock markets fell Friday as disappointing U.S. corporate earnings provided a reason to book profits on recent gains while investors waited for a progress report from European leaders concluding a summit on the region's debt crisis. Wall Street also looks set to retreat. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Stock futures are ending the week on a down note after a pair of major tech companies rattled markets with subpar performances during the most recent quarter.

Dow Jones industrial futures are down 25 points to 13,462. The broader S&P futures have given up 3.5 points to 1,448. Nasdaq futures are down 9.25 points to 2,723.50.

Google surprised investors twice Thursday, releasing earnings hours before they were expected, and putting up awful revenue numbers. After the worst sell-off in shares since September 2008, Google shares were flat in premarket trading Friday.

Microsoft is down 2 percent before the market opens after it said that profit tumbled more than 20 percent.

The National Association of Realtors posts existing home sales figures at 10 a.m. Eastern. Economists expect a slight decline.