Further, the tech-heavy Nasdaq Composite that outperformed with a gain of 0.59% during the last trading session was down 0.28% for the week.
The company’s earnings were helped by a large credit reserve release, and CFO Jeremy Barnum warned that the company would likely miss a key profit target in the next two years.
Apart from this, the European stocks closed lower on the back of the fresh round of hawkish comments by the Federal Reserve with DAX falling 0.93%, FTSE by 0.28% and CAC by 0.81%.
The dollar index gained marginally and is at 96.22 in early trade today while Bitcoin is just below the USD 43k mark.