US equities decline for the second day. Netflix earnings up subsequent

SPX intraday

It was a back-and-forth session for equities on Thursday as early promoting reversed again to unchanged, then the bears offered once more late. The FX market took a extra upbeat view with commodity currencies climbing from the early-NY lows and cable ending the day 50 pips increased.

Closing modifications:

  • S&P 500 -0.7%
  • Nasdaq -0.9%
  • Russell 2000 -0.8%
  • Toronto TSX – flat

Netflix earnings are up after the bell and the consensus is for revenues at $7.85 billion and 45-cents in earnings. Q2 internet subscriber additions are anticipated at 4.57m adopted by 2.85m within the present quarter.

Replace: NFLX subscriber add 7.86m vs 4.57m anticipated. The corporate is cracking down on password sharing extra broadly in Q1 and Reed Hastings is stepping down as CEO. The market likes it with shares as much as $336 from $316.

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