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Global stocks lower after tech sell-off, Amazon, U.S. GDP eyed

Investing.com - Global stocks were mostly lower Friday after a sell-off in tech stocks amid valuation concerns.Investors are looking to U.S. Q2 GDP data due out later in the session.{178|Nikkei 225}} was off 0.60%. The yen was mostly flat against the dollar at the 111 mark.Europe lower with banks in focus after slew of earnings.DAX off 0.75%. (DE:Adidas) jumps after raising forecasts.CAC 40 off 1.32% as (PA:Renault) deflated by disappointing earnings. Euro at $1.17 mark.FTSE 100 off 0.74%. Sterling firm at a tad below $1.31 mark.U.S. stock index futures lower after mixed Wall St overnight. (NASDAQ:Amazon) in focus after earnings miss.Dollar index remains weak ahead of U.S. second-quarter GDP figures.Oil mixed ahead of Baker Hughes rig count data.Gold flat. U.S. Treasury yields mostly higher.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.