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U.S. stocks open lower; Dow falls below 17,000
Durable goods orders rise by more than expected; Amazon hit after results
NEW YORK (MarketWatch) — The U.S. stock market opened lower on Friday, weighed down by disappointing earnings from companies such as Amazon.com.

Nonetheless, the main benchmarks were on track to finish the week with marginal gains.

Stock-market investors showed virtually no reaction to stronger-than-expected orders for durable goods, released before the opening bell.

The S&P 500 (SNC:SPX) opened 9 points, or 0.4%, lower at 1,980.96, retreating from the record close reached on Thursday.

The Dow Jones Industrial Average (DJI:DJIA) lost 117 points, or 0.7%, to 16,965.02 at the open.

The Nasdaq Composite (NASDAQ:COMP) began the session 30 points, or 0.7%, lower at 4,441.20, weighed down by Amazon.com and Pandora, both tumbling 12%. http://www.marketwatch.com/story/us-stocks-futures-lean-south-amazon-may-fall-2014-07-25?link=MW_latest_news