The S&P 500 and the Nasdaq indexes dropped from record highs at open on Friday, as results from mega-cap firms Apple and Amazon.com reignited concerns of labor and supply shortages that have been at the forefront of this quarterly earnings season.
The Dow Jones Industrial Average fell 18.20 points, or 0.05 per cent, at the open to 35,712.28.
The S&P 500 opened lower by 23.55 points, or 0.51 per cent, at 4,572.87, while the Nasdaq Composite dropped 124.83 points, or 0.81 per cent, to 15,323.29 at the opening bell.