Categories: Economy

Wall Street sees mixed performance as Nasdaq drops 1.4% and Netflix falls 8.6%

The trade review provides information on current reports, trends, indices, stock prices, bonds, foreign exchange, commodities, and analyst recommendations. At 20:27, Wall Street saw declines with the Nasdaq losing 1.4%, the Dow Jones rising 0.6%, and the S&P 500 falling 0.5%. In Europe, stock markets closed with a mixed trend, with Dax falling 0.5%, FTSE rising 0.2%, KAC closing stable, and Eurostock falling 0.1%.

On Wall Street, the Nasdaq continued to decline, losing 1.7%, led by Netflix which fell more than 8.6%. The Dow Jones index rose 0.2% and the S&P 500 fell 0.8%. At 17:38, the Dow Jones index was up 0.4%, the S&P 500 down 0.3%, and the Nasdaq down 1%. Oil prices were up 0.5% with a barrel of oil priced at $83.20. Netflix was down 7% after weak revenue forecasts, while Shopify increased by more than 2%.

At 16:30, Wall Street markets opened with a mixed trend, with the Dow Jones rising 0.3%, the S&P 500 falling 0.1%, and the Nasdaq falling 0.5%. The S&P 500 was heading for its worst week in six months, with the Nasdaq falling 4% for the week. Oil prices, which had jumped earlier due to reports of an attack on Iran by Israel, were now down 0.2%, with a barrel of oil priced at $82.56.

Throughout the trading day, European stock markets saw declines, with Dax falling 0.8%, FTSE losing 0.7%, CAC falling 0.3%, and Eurostock falling 0.5%. Wall Street futures also showed a negative trend, with the Dow Jones down 0.2%, the S&P 500 down 0.4%, and the Nasdaq down 0.6%. The dollar exchange rate remained stable at NIS 3.86, while the price of a barrel of Brent oil increased 0.4% to $87.42 and the price of a barrel of crude oil increased 0.5% to $83.14. Gold prices remained stable at $3,397 per ounce.

Share
Published by

Recent Posts

Brazil wins bid to host 2027 Women’s World Cup after FIFA vote

Brazil has been selected to host the 2027 Women's World Cup after a vote by…

20 mins ago

Potential negative impacts of Spirit AeroSystems layoffs on local economy and workforce migration to other states

Spirit AeroSystems in Wichita, Kansas, is set to lay off 400 to 450 employees from…

21 mins ago

Ghana Parliament Summons for Immediate Business Following Controversy over LGBT Issue

Ghana's parliament will reconvene on Friday after being adjourned since March due to a dispute…

22 mins ago

Did a science experiment lead to the presence of invasive fish in Colorado?

Fourteen bighead carp were removed from an Arvada pond in May 2024 by Colorado Parks…

29 mins ago

Take a trip down memory lane with these classic local sports moments

Corning recently hosted the Fast Times Invitational track & field meet, showcasing the talent and…

31 mins ago

Israel criticizes World Court for undermining genocide with South Africa case

Israel defended its military actions in Gaza at the International Court of Justice in response…

32 mins ago