What to watch today: Tech pressures Wall Street premarket; data shows inflation still high

What to watch today: Tech pressures Wall Street premarket; data shows inflation still high

BY THE NUMBERS fell Friday, with the tech-heavy set to open down 1% as (AMZN) and (AAPL) sank in the premarket, the morning after reporting rough quarterly results. The Nasdaq led a recovery rally Thursday on Wall Street, soaring more than 3%. The jumped 2.5%. The rose nearly 2%. All three stock benchmarks . But heading into the final trading day of April, stocks were still sharply lower oh.for the month. (CNBC) The ticked higher Friday, , but below its recent late 2018 high. The 's favorite inflation gauge was out before the bell. March's increased 5.2% year over year, a slightly lower than expected advance. But that's still really strong, and likely cementing the central bank's intention to raise interest rates by half a percentage point in May. (CNBC) IN THE NEWS TODAY Amazon dropped 10% in the premarket, following its late Thursday announcement of earnings and lower forward guidance. Revenue for the quarter increased 7% year over year to $116.4 billion, basically matching expectations. That was the slowest sales rise for any quarter since the dot-com bust in 2001 and the second straight quarter of single-digit percentage growth. (CNBC) * Investing Club: * (CNBC) * (CNBC) Apple fell