Markets Right Now: Stocks End Slightly Lower On Wall Street

NEW YORK (AP) — The Latest on global financial markets (all times local): Stocks are ending modestly lower on Wall Street after clawing back much of a steep loss from the middle of the day. Health care stocks led the way lower Friday as several companies turned in disappointing results. U.S. stocks are slipping in midday trading, while markets in Europe take hefty losses. Amazon bucked the downward trend and soared 10 percent after reporting a big jump in revenue and a bigger profit than investors had expected. European stocks are lower after official figures showed eurozone economic growth was far higher than expected in the first quarter, but that inflation had fallen back below zero. While that suggests the European Central Bank's stimulus measures are having an effect, a separate report showed the annual inflation rate fell to minus 0.2 percent in April from zero in March. The euro was up 0.3 percent at $1.1390, while Asian stocks closed mostly lower and oil prices rose.

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