U.S. stocks fell on Friday as investors reacted to signs of growing tensions between China and the United States and earnings reports by Apple and Amazon that showed the depth of the coronavirus impact on big business.
Both the S&P 500 and the tech-heavy Nasdaq composite fell about 3 percent.
Amazon shares dropped by more than 7 percent. Despite the delivery and web services giant reporting surging sales in the first quarter, investors focused on the rising costs of delivering products amid the pandemic.
