Nasdaq and S&P lower. Dow higher
The major indices are ending the session mixed:
- The S&P ends the day down -2.88 points or -0.10% at 2798.43
- The Nasdaq ends the day down -20.257 points or -0.26% at 7805.719
- Dow ends up 44.95 points or +0.18%
Netflix is reporting worse than expected numbers.
- Only 5.15 million new subscriber which was lower than the 6.2 million expected
- <4.5 M globally, 670,000 in US
- EPS $0.85 vs $0.79
- Revenues 3.907B vs 3.94B
The stock of Netflix is down about -12%. Netflix was up over 100% on the year before the results.