Nasdaq falls as Tesla, Netflix cast a pall: Stock market news today
Marijuana Stocks, Finance, & InvestingUncategorized July 24, 2023 MJ Shareholders
Story by Karen Friar
Stocks were mixed to open Thursday’s session as the Nasdaq fell after Tesla (TSLA) and Netflix (NFLX) updates took the shine off the earnings season and a fresh batch of results started to roll in.
The tech-heavy Nasdaq Composite (^IXIC) was down around 0.4% at the open, while the S&P 500 (^GSPC) was roughly flat. The Dow Jones Industrial Average (^DJI) was up 0.4%.
After-hours earnings Wednesday from Netflix and Tesla — the first to report among the tech giants that have driven a recent stock rally — failed to excite investors. Shares of Netflix dropped after its revenue missed, while CEO Elon Musk’s hint that Tesla plans more price cuts helped drive its stock lower…
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