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Wall Street opens lower as Netflix plunges

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Amy Caren Daniel Reuters
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Credit: REUTERS/BRENDAN MCDERMID

U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour note.

July 18 (Reuters) - U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour note.

The Dow Jones Industrial Average .DJI fell 27.87 points, or 0.10%, at the open to 27,191.98.

The S&P 500 .SPX opened lower by 5.55 points, or 0.19%, at 2,978.87. The Nasdaq Composite .IXIC dropped 33.44 points, or 0.41%, to 8,151.76 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

((Amy.CarenDaniel@thomsonreuters.com ; within U.S. +1-646-223-8780; outside U.S. +91 80 6749 9250 ; Reuters Messaging: Amy.CarenDaniel.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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