Wall Street operates downward at the end of the week and Netflix collapses after presenting its balance

Wall Street operates downward at the end of the week and Netflix collapses after presenting its balance

The main indices of Wall Street operate down, although near their Historical maximums, waiting for novelties in tariff matters. In European stock markets, already active this morning, that behavior is similar.

The European index Stoxx 50 falls 0.29%. Similarly, the German Dax drops 0.25%, the Ibex 35 of Spain falls 0.14%. In England, the Ftse 100 A slight 0.06% rises while the French cac A shy 0.02%rises.

In Asia, the operation was also mixed. He Hong Kong Hang Sheng It rose 1.3%, the CSI 1000 China increased a slight 0.25%, while Nikkei 225 Japanese dropped 0.25%.

This Friday’s keys on Wall Street

On the macro data side in the US, the Michigan University Inflation Report For Julio, he threw a rise of 4.4%, higher than expected. Meanwhile, in June data from the housing construction market There was an increase of 4.6%, a positive increase.

From the business sector, they continue the quarterly results with the publication of reports from large companies such as American Express, Charles Schwab and 3M.

For the moment, The three most important indices of Wall Street operate downward: he Dow Jones drops 0.32%, the Nasdaq It follows with -0.07% and the S&P 500 low just 0.02%.

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What about Netflix?

One of this Friday’s strong dishes is The behavior of Netflix actions. Despite having reported Second quarter results that exceeded the expectations of Wall Street both in income and benefits, 5.27% fall in pre -pe..

The situation seems contradictory if one takes into account that the company showed two -digit growthan improvement in the Operational margin And he raised his annual forecast, reflecting confidence in the impulse of subscribers and the advertising business.

However, the explanation seems to be that the board of directors of the streaming company warned Thursday that the Increase in content and marketing costs During the second semester you could press your profit margins.

Trump: Without news in the Tariff Front, but new attacks on the Fed

As for the United States commercial policies, The president of the United States, Donald Trump, said last Wednesday that an agreement with India was close to get to fruition. Meanwhile, there are still no confirmations of an agreement with the European Union, which faces a 30%tariff. Trump repeatedly hinted that he will not extend his term of August 1.

Where there were news is in Trump’s attacks on the Federal Reserve (Fed). Accused Jerome Powellpresident of the North American Central Bank and the Board itself of the American central bankto suffocate the real estate market with the high interest rates

Source: Ambito

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