On the earnings front, McDonald’s and Twitter, Colgate-Palmolive, Phillips 66 will be among the companies reporting Friday. Late Thursday, Amazon reported mixed results in its second-quarter earnings release and Alphabet reported earnings that beat estimates.
On Friday, traders will be monitoring new economic data, with U.S. GDP (gross domestic product) figures due at 08:30 a.m. ET. It is expected to come in at 1.8%.
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