US stocks: Tesla, Netflix pull Nasdaq and S&P lower, Dow ends higher
Friday, 21 July 2023 The S&P 500 and Nasdaq dropped due to Tesla’s and Netflix’s quarterly results. Tesla’s shares experienced its largest one-day percentage fall since April after reporting a drop in its second-quarter gross margins, whereas Netflix tumbled due to a short-fall in its quarterly revenue. However, the Dow went up for the ninth-straight day thanks to Johnson & Johnson's gains after a strong annual forecast.
US stocks rose on the back of gains in the tech and financial sectors ahead of earnings reports this week from companies including Bank of America, Goldman... IndiaTimes
Friday, 21 July 2023
