New York Stock Exchange: Netflix still typing



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At 4:15 pm, the Dow Jones Industrial Index is down 0.2% to 25.015. The S & P 500 fell 0.1% to 2,796 while the Nasdaq technetunga composite index fell 0.1% to 7,798.

The telecom sector recorded an increase of 0.5% while energy fell by 0.6%.

On the Corporate Front Netflix was the focus of attention following the report that followed Monday's shutdown. The increase in the number of new subscribers did not appear in the forecasts of analysts or the company. On Tuesday, stocks fell by just over 9% after falling by 13% when the stock market opened. Netflix also received a lower recommendation from Deutsche Bank to retain previous purchases.

Goldman Sachs reported sales that were worse than analysts' expectations, giving the share a 0.7% support. At the same time, the bank announced that David Solomon will be the new CEO from 1 October.

Johnson & Johnson reported better sales than expected, while sales were not as impressive. The stock has risen by about 3 percent.

The United Health Group insurance company dropped 3.5 percent after a report that did not let investors in the flavor.

Retail Walmart chose Microsoft as the cloud provider. The new collaboration is described, both by the market and the companies themselves, as a way to become more competitive with the Amazon joint competitor. Walmart grew by 1.1% while Microsoft was unchanged. Amazon was down 0.4 percent.

On the commodity front, continued the decline in oil after the Great Depression on Monday. Even metals fell on the broad front.

The interest rate on 10-year US government bonds was up 2 points to 2.86%.

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