New York (dpa-AFX)-The US exchanges moderately turned further course gains and records into the minus on Friday after the beginning. Among other things, new quarter reports from the streaming giant Netflix did not convince investors, while economic data was once more interested in the margin.
The technology -based selection index NASDAQ 100 slipped quickly after its start record and closed 0.07 percent lower with 23,065.47 points. For the market -wide S&P 500, it was 0.01 percent down to 6,296.79 points. He also set up a record right from the start. The leading index Dow Jones Industrial lost 0.32 percent to 44,342.19 points. Investors have been waiting for a record here since the beginning of December. On a weekly perspective, the NASDAQ 100 has a profit of 1.2 percent, whereas the Dow shows a minimal loss.
In the Nasdaq 100, Netflix was one of the largest losers on Friday with a drop in 5.1 percent to $ 1,209.24. At the end of June, the shares had set a record with a good $ 1,341, and in the previous course of the year they are still among the better index values. The figures published the previous evening were a little better in almost all important points than expected from analysts. According to dealers, however, some investors had placed on the fact that Netflix exceeded expectations more clearly. The profit per share in particular was just above the consensus estimate.
After the latest stabilization, the titles of American Express suffered with minus 2.4 percent under profit, although the credit card provider recorded and wants to continue to grow strongly. However, the net profit, which had benefited from the sale of a company part in the previous year.
With the mixed group 3M, the shareholders had to cope with a price drop of 3.7 percent despite the expected figures and a forecast increase. The shares were the bottom of the dow.
For the titles of the oil field service provider Schlumberger, the quarterly report was presented by 3.9 percent. The latter demonstrated a clearer decline in profits than by analysts.
Meanwhile, Charles Schwab’s shares made it to a record high and ultimately won 2.9 percent. The financial service provider surprised positively with his result development.
The fact that the oil giant Chevron finally won the fight against the competitor Exxon Mobil (Exxonmobil) for the takeover of the energy company Hess gave it 1 percent of the recent losses. In contrast, Chevron could not keep their initially clear profits and closed 0.9 percent lower, while for Exxon Mobil by 3.5 percent downhill. The decision of an arbitral tribunal to approve the conclusion of the transaction ended a 20 -month discussion ./GL/he
— from Gerold Löhle, dpa-Afx —