https://apnews.com/b3917258cc51e96adc12ec6849318c46

NEW YORK (AP) — Wall Street on Friday is giving back some of the gains from its strong start to the year, as earnings reporting season gets underway and CEOs show just how badly high inflation and a slowing economy are hurting them.

The S&P 500 was 0.7% lower in early trading and on pace for its first loss in four days. The Dow Jones Industrial Average was down 213 points, or 0.6%, at 33,976, as of 9:37 a.m. Eastern time, and the Nasdaq composite was 0.6% lower.