Amazon Reported to Be Eyeing Physical Store

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Morning Money Memo …

ABC News' John Kapetaneas reports:

Is Amazon trying it's hand at bricks-and-mortar retail? The online powerhouse may have plans to open an outlet in a high-traffic location in New York City, according to the Wall Street Journal.

The site, located across from the Empire State Building in Midtown Manhattan, reportedly might serve as a distribution center and showcase for products, as well as a location for customers to pick up and return items.

The site was expected to open before the end-of-the-year holiday season, the Journal reported.

However, in a statement, Amazon said, "We have made no announcements about a location in Manhattan."

Wall Street Indicators Look Shaky

The Wall Street roller coaster looked poised for another day of downswings before markets opened this morning. Dow futures were down more than 300 points as of 7 a.m., on the heels of Thursday's 334 point drop.

Markets worldwide were down across the board before U.S. markets opened, with exchanges in Japan, Germany, India, Italy and Hong Kong seeing triple digit losses for the day.

Despite the Federal Reserve's indication that interest rate hikes were not in the immediate future, dismal IMF data on European growth coupled with a further slipping of the German economy sent European markets sharply lower for the week.

"We have a long list of things to be worried about in the world this morning," said Art Hogan, managing director and chief market strategist at Wunderlich Securities. "Ebola, Russia-Ukraine, air strikes and now a slowing Europe. European markets are down sharply this morning and that weakness will undoubtedly spill over onto U.S. markets at the open."

Meanwhile, crude oil prices continued to fall, dropping $2.70 to $84.61 per barrel, bringing lower gas prices at the pump nationwide. Precious metals were climbing climb on the falling equities. Gold was up nearly $16 per ounce today, and has gained in four of the past five days.

Hackers Hit Dairy Queen

Ice cream giant Dairy Queen was the latest company to be targeted by data hackers. The company said Thursday that it's payment systems had been breached in August and September, putting customer personal information and credit/debit card numbers at risk. The breach was said to encompass nearly 400 Dairy Queen locations.

Self-Driving Car Details

The self-driving car is not here yet, but Thursday night's presentation by automaker Tesla moved the possibility of a consumer-ready auto-car forward even further. The company unveiled several new features to its $70,000+ luxury Model S, including an "auto pilot" system that automatically parks the vehicle in a driveway, and can move it over a lane when the turn signal is on. The car also feature smart cameras that react to speed limit signs and an integrated safety system. While self-driving car fans may have come away disappointed Thursday night, CEO Elon Musk said additional features will be added over time.

Box Office Battle

It will be a busy weekend at the box office. A slew of opening day pictures will vie with last week's top grossing film, "Gone Girl," which some analysts expect will remain in the No. 1 spot for a second weekend in a row. Disney's family comedy "Alexander and the Terrible, Horrible, No Good, Very Bad Day" will compete with Universal's "Dracula Untold" and the Robert Downey Jr. film, "The Judge," each expected to bring in anywhere between $10 million and $20 million.