A daily morning look at the financial stories you need to know to start the day.
-Stock futures are lower, especially tech stocks, after Thursday's mixed close. The big data news will be the much-awaited first read on second quarter GDP coming out at 8:30 a.m. Eastern Time. Economists have raised their forecast for second quarter GDP to 2.9 percent.
-The Senate failed to pass the so-called "skinny bill" to replace parts of Obamacare. Three GOP senators, John McCain, Lisa Murkowski, and Susan Collins, joined all 48 Democrats to kill it.
-Amazon shares are still taking a hit in the pre-market after a big miss on profits in its earnings report Thursday, but analysts say investors should focus on the company's growing revenues that beat expectations.