Here’s what we are watching as markets kick into gear Friday.

Dow futures are edging lower, putting the blue-chips index on track to close out its worst week and month since March. The gauge is poised to open almost 200 points lower. That comes amid a sharp selloff in big technology stocks as earnings reports disappointed. Read our full market wrap here.

Breaking news. U.S. households increased spending 1.4% in September as remaining pandemic aid boosted incomes by 0.9%.

Apple shares are dropping, weighing on both the Dow and the S&P 500, after iPhone revenue fell more than analysts had expected.

Photo: greg baker/Agence France-Presse/Getty

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