Apple and Alphabet pull Wall Street lower

Wall Street dropped on Friday, with Apple, Alphabet and other tech-related companies dipping despite recent strong quarterly earnings reports.

A day after the S&P 500 closed at a record high, Apple , Google-parent Alphabet and Facebook each fell more than 1%, giving back gains following upbeat quarterly reports this week.

Amazon.com Inc rose 0.4% after it posted record profit late on Thursday and signaled that consumers would keep spending in a growing U.S. economy. Amazon had been up over 2% earlier in the session.

Twitter Inc plunged 14% after it offered a tepid revenue forecast for the second quarter, saying user growth could slow as the boost seen during the pandemic fizzles.