Wall Street points lower ahead of opening bell
Digest more
Netflix, Q3
Digest more
The Dow touched an intraday record high while the Nasdaq slipped as investors focused on a wave of quarterly earnings while remaining vigilant about US-China trade tensions.
Netflix Inc. (NFLX.O) missed Wall Street's third-quarter profit projections due to an unexpected tax bill in Brazil.
Wall Street moved lower on Wednesday as a wave of mixed earnings, including Netflix's disappointing results, dampened risk sentiment as investors assessed reports that the Trump administration is considering curbs on exports to China made with U.
Gold prices in us fell another 2.1% on Wednesday morning after a 5% drop on Tuesday, while Netflix shares dropped 6% on earnings miss and Brazil tax dispute.
The share price of streaming giant Netflix dropped by 7% as the company reported disappointing third-quarter earnings and blamed a Brazilian tax dispute.
Wall Street closed lower on Wednesday as a wave of mixed earnings, including Netflix's disappointing results, dampened risk sentiment as investors assessed reports that the Trump administration is considering curbs on exports to China made with U.
Live Updates Live Coverage Has Ended Get The Best Netflix Live Earnings Coverage Like This Every Quarter Get earnings reminders, our top analysis on Netflix, market updates, and brand-new stock recommendations delivered directly to your inbox.
NEW YORK (AP) — U.S. stocks and the price of gold fell on Wednesday, as momentum on Wall Street reverses. The S&P 500 sank 0.5%, though it’s still within 1% of its all-time high set earlier this month. The Dow Jones Industrial Average dropped 334 points, or 0.7%, from its record set the day before, while the Nasdaq composite fell 0.9%.
Wall Street experienced a downturn on Wednesday as Netflix's disappointing outlook and Tesla's anticipated earnings created tension. Investors remained wary amid high stock valuations and sought reassurance in mega-cap tech earnings.