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Dow Jones futures edge higher on upbeat Netflix’s earnings, Michigan sentiment data eyed
Dow Jones futures trade marginally higher during the European trading session, extend its winning streak for the third trading day on Friday. United States (US) equities are buoyed by strong second-quarter earnings show from the streaming platform company Netflix.
Netflix Tanks as Dow Stocks Surge on Strong Earnings
Stocks are slightly higher in early trade as earnings, Fed signals, and a cooler tone on trade tensions help steady sentiment. The Dow is leading thanks to strong reports from 3M (MMM) and American Express (AXP), while the Nasdaq is lagging after Netflix (NFLX) fell post-earnings.
Communications-services companies fell after disappointment in Netflix's earnings. Shares of the streaming giant fell as subscriber growth failed to live up to investors' lofty expectations.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports ...
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