U.S. stocks are lower as earnings season continues; Netflix, Tesla next

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. stocks are lower as earnings season continues; Netflix, Tesla next

The main indices on Wall Street closed in a muted fashion on Tuesday, as investors weighed up stronger than expected retail sales as well as more earnings reports.

The 30-stock Dow gained just 13 points, or 0.1%, while the benchmark S&P fell marginally and the tech-heavy Nasdaq dropped 0.3%.Tensions in the Middle East were heightened Wednesday after a missile strike on a Gaza hospital killed hundreds of Palestinians. Palestinian officials blamed the Israelis for the strike, while Israel said the accountability lay with a failed rocket launch by Palestinian militants. Both sides denied responsibility.

President Joe Biden was in Israel to meet Israeli Prime Minister Benjamin Netanyahu and the Israeli war cabinet. A planned summit between Biden, Palestinian President Mahmoud Abbas and Egyptian President Abdel Fattah al-Sisi was cancelled.Netflix's crackdown on password-sharing is expected to have boosted subscribers by about 6 million in the third quarter, and investors will be looking to see whether this sets the stage for price increases in an attempt to further increase revenue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 450. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks lower, Tesla on deck, Netflix earnings in focus, United Airlines slumps, oil surgesStocks lower, Tesla, Netflix United Airlines earnings, oil surges
Source: startelegram - 🏆 248. / 63 Read more »

Tesla Earnings Preview: Price Cuts to Hurt Margins or Drive Market Share Growth?Stocks Analysis by Investing.com (Günay Caymaz) covering: Tesla Inc, Tesla Motors Inc, COMMERZBANK AG ZT TESLA MOTORS INC 31Dec99, Banca IMI SpA ZT Tesla 10Jun20. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »