NASDAQ and S&P fall yesterday
Highlights of the day include:
- NASDAQ has its best day in more than two months
- The NASDAQ made a five-day decline
- Nasdaq 67 new highs, but 76 new lows that are diverging.
- S&P higher for the first time in four sessions
- S&P has the best day of four days
- S&P, Dow, NASDAQ all less than 2% of all-time highs
- Russell 2000 is the best day since January 2021
The final numbers show:
- The S&P index rose by 4323.20 points to 64.71 points or 1.52%. Today’s rise almost offset the -68.65-point drop yesterday.
- The NASDAQ index rose at 14,498.88 points to 223.89 points, or 1.57%. The profit achieved today reversed the decrease of -152.25 points yesterday
- The Dow rose 34511.99 from you to 549.95 points or 1.62%. Today’s rise was below yesterday’s -725.81-point drop.
The NASDAQ index rose to test its 50-hour and 100-hour moving averages between 14556.90 and 14569.91. The high price reached 14,555.70 and retreated close.
In the case of the S&P index, the index rose towards a 100-hour moving average and withdrew close, as did the NASDAQ index.
After closing, Netflix’s revenues came out:
- The number of subscribers in the 2nd quarter was 1.54 million, compared to the estimated 1.19 million
- earnings per share were $ 2.97 versus an estimated $ 3.16
- revenue was $ 7.34 billion versus $ 7.32 billion
In the third quarter, they will see
- net subscriber surcharges 3.5 million. That’s 2 million under 5.5 million estimates
- EPS is $ 2.55 versus $ 2.17
- revenue of $ 7.48 billion versus an estimated $ 7.48 billion
Netflix shares have fallen about $ 18, or -3.4%, to $ 512.76.