Wall Street opens lower on Amazon, Ford results

Reuters
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York April 16, 2014. REUTERS/Lucas Jackson

NEW YORK (Reuters) - U.S. stocks opened lower on Friday as a number of bellwether names, including Amazon and Ford, fell following their quarterly results, overshadowing positive numbers from Microsoft. Amazon shares fell 7.5 percent to $310.80, while Ford was off 3.1 percent at $15.82. Microsoft, a Dow component, rose 1.1 percent to $40.29. The Dow Jones industrial average was down 53.49 points, or 0.32 percent, at 16,448.16. The Standard & Poor's 500 Index was down 4.91 points, or 0.26 percent, at 1,873.70. The Nasdaq Composite Index was down 28.07 points, or 0.68 percent, at 4,120.27. (Reporting by Ryan Vlastelica; Editing by Peter Galloway)