Dow Jones Futures Fall On Key Inflation Data. Amazon Drops On Slowing Cloud Growth.

Dow Jones futures fell Friday morning after key inflation data, with the release of a pair of closely watched inflation gauges. Amazon (AMZN) stock dropped after its Q1 earnings results, while First Solar (FSLR) plunged on an earnings miss. X The Personal Consumption Expenditures Price Index matched expectations, rising 0.1% for the month of March, with an annual increase of 4.2%, which also met estimates. The Core PCE price index climbed 0.3% on the month, with an annual increase of 4.6%. The monthly rate matched Wall Street’s estimates, while the annual increase came in slightly higher than expected. Personal income…