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Sterling Investors Torn Between Optimism And Virus Concerns

Sterling Investors Torn Between Optimism And Virus Concerns
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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S&P Futures Reverse Overnight Losses; Netflix Plunge Weighs On Nasdaq

by Tyler Durden
Wednesday, Apr 21, 2021 - 08:03 AM
S&P futures were little changed, paring earlier declines with the Nasdaq underperforming following dismal Netflix guidance after the company reported its worst quarter in 8 years, sending the stock 8% lower. At 7:00a.m. ET, Dow e-minis were up 13 points, or 0.04%, S&P 500 e-minis were up 0.50 points, or 0.01%, and Nasdaq 100 e-minis were down 27 points, or 0.20%.
Nasdaq futures edged lower on Wednesday as Netflix kicked off quarterly earnings for technology behemoths with a disappointing report which barely saw any subscriber growth in Q2, while concerns about a surge in global coronavirus cases hit demand for equities. Netflix tumbled 8.1% in premarket trading after its report showed slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter. ....

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