US stocks fell as tech rebound faded, with mixed reactions to individual company earnings

From Investing.com: 2024-07-18 13:36:46

U.S. stocks fell Thursday amidst wild swings as tech stocks reversed early gains ahead of Netflix earnings. The Dow Jones fell 0.7%, S&P 500 dropped 0.4%, and Nasdaq fell 0.5%. NVIDIA bucked the trend, rising 2%. Netflix expects lower net subscriber additions in the second quarter. Jobless claims rose, indicating a slowing labor market. DR Horton impressed with a 10% stock jump, while Domino’s Pizza plummeted 13%. United Airlines plans to cut capacity. Warner Bros Discovery is considering a breakup, and Beyond Meat faces scrutiny for balance sheet restructuring.



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