US stocks finished largely in the red Thursday as April's doldrums lingered in the market and investors braced for Netflix to kick earnings season into high gear. The S&P 500 fell about 0.2% to notch its fifth-straight session of declines, its longest losing streak of the year. The Dow Jones Industrial Average hovered just above the flat line, while the Nasdaq Composite slipped 0.5%, extending tech's recent slump.
's latest quarterly results were a mixed bag: The Taiwanese chip giant cautioned on its growth outlook this year outside of its memory chips business, sending the stock over 5% lower. The company, however, flagged "insatiable" appetite for AI as it posted a quarterly profit beat. The earnings spotlight now shifts to Netflix, the first of the megacap tech companies to report.
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