US Close 31 Oct 16: U.S. markets lower on mixed earnings and concerns about the election

US sharemarkets ended lower on Friday. Shares in Amazon fell by 5.2% after the on-line retailer warned that investments in the holiday season had the potential to crimp profits. The Dow Jones index ended lower by 8.5 points or 0.1% after being up 88 points in early trade in response to economic growth data. But the Dow was also lower by as much as 75 points in afternoon trade. The S&P 500 index fell by 0.3% while the Nasdaq lost almost 26 points or 0.5%. Over the week the Dow rose by 0.1% but the S&P 500 fell by 0.7% and the Nasdaq lost 1.3%

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