Market: Wall Street has ended little changed, decline on oil

Wall Street has changed little, after a soporific session and characterized by near zero volatility or the S & P500 (-0.1% to 2.798.4) has fluctuated between 2.794 and …
  

Wall Street has changed little, after a soporific session and characterized by near zero volatility or the S & P500 (-0.1% to 2.798.4) has fluctuated between 2.794 and 2.803.

The Dow Jones progresses symmetrically by + 0.18% to 25,064, half of this gain being acquired in the last 10 minutes.

The Nasdaq yields 0.25% to 7.805 after posting 2 absolute records on July 12th and 13th.

Today's figures have had little impact: the New York Fed's Empire State Index is higher than expected at 22.6 vs. 21 expected … but down from the month of June (as expected too).

Retail sales in the United States were in line with expectations, at + 0.5% gross and + 0.4% excluding motor vehicles.

Consistent compliance with the consensus for stocks of US companies, which posted + 0.4% on a monthly basis in May (after + 0.3% in April).

The Commerce Department also published business sales up 1.4%, without further surprise.

The results of Bank of America show a 33% increase in profits to $ 6.8 billion, or 63 cents per share against 57 anticipated, the turnover appears relatively stable at $ 22.6 billion (against 22.8 billion $ to Q2 2017).

The title gained + 4.3% (offsetting the disappointment of Wells Fargo and Citi on Friday), resulting in a rebound of JP Morgan + 4% and Goldman Sachs + 2.2%, almost all Dow Jones gains (within the S & P, Wells Fargo also recovered + 3.7%, and Citigroup + 3.7%).

The session was marked by a further decline based on oil (-4.2% to $ 68 on the WTI), which resulted in the fall of Marathon -6.7%, Hess -4%, Newfield and Noble -3.4%, Apache -3.1%, Anadarko -2.4% then Exxon -1% and Chevron -0.9%

But all the above will be considered as anecdotal because the real point of organ of the session, it was the quarterly Netflix which kicked off for the sector of 'techs' and the media.

And this is the cold shower: Netflix reveals a turnover of $ 3.907 billion against $ 2.785 in Q1 and earnings per share of 85 cents (against 79 cents expected) but disappoints at the forecast level with 68Cts anticipated in Q3 for a turnover of $ 3,988 billion while the consensus was expecting 71 cents and $ 4.126 billion.

The stock plunges from -14% in electronic transactions to $ 344 (against + 1.2% in session at $ 400.00 'all round' at 10:01 pm).

Nasdaq was weighed down by Tesla -2.8%, Hologic -2.2%, Illumina -1.6% …

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