Streaming video company Netflix was off around 10 percent after reporting that it added 2.7 million subscribers in the second quarter, well below expectations.
Among other large companies, IBM reported better-than-expected profits, although revenue fell from the year-ago period, while Honeywell International lifted some of its profit targets following a better-than-expected second quarter.The broad-based S&P 500 shed 0.1 percent to 2,981.41, while the tech-rich Nasdaq Composite Index also slipped 0.1 percent to 8,174.92.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: