S&P 500 holds above 4,450 while Nasdaq 100 underperforms as Netflix shares take post-earnings battering

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

S&P 500 holds above 4,450 while Nasdaq 100 underperforms as Netflix shares take post-earnings battering By Frank_Macro SP500 Equities

adly after the company reported a surprise drop in subscribers. The company blamed its first decline in subscribers in decades on the Russo-Ukraine war and competition from rivals such as Disney+, though analysts also noted the global post-pandemic “reopening” effect also taking its toll.

Decent earnings from consumer staples giant Procter & Gamble and IT giant IBM helped lift cyclical and value equity market sectors which are disproportionately represented in the Dow. The S&P 500 GICS Consumer Staples sector was last up 1.4%, Real Estate was last up 1.8% and Health Care was last up 1.2%.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 14. in İT

Italia Ultime Notizie, Italia Notizie