US stocks open higher, but Netflix stock falls

2021-10-20 14:52:43 GMT (Economies.com)
US stocks open higher, but Netflix stock falls

Most of the US stock indices opened higher on Wednesday, amid anticipation of more quarterly earnings reports, but the Netflix stock fell despite its upbeat earning results.

 

The White House revealed a plan to vaccinate children from 5 to 11 years old against the coronavirus.

 

The US Food and Drug Administration fully approved the Pfizer-BioNTech Covid-19 vaccine, after clinical tests proved its safety for use, and the vaccine was also tested on children and proven safe.

 

Netflix stock fell 1.7% to $627.9 as of 14:16 GMT, despite the company's announcement of more new subscribers in the third quarter, and profits and revenues that topped analysts' expectations.

 

As for stocks, Dow Jones rose 0.3% or 104 points to 35,561 as of 14:18 GMT, and S&P 500 rose 0.3% or 13 point to 4,533, while Nasdaq rose 0.1% or 20 points to 15,149.

 
 
 
  Symbol Last Change Chg.%
1.1297
0.0026
0.2338%
1.3319
0.0009
0.0665%
Tadawul
10810.60
-60.02
0.55%
22.934
-0.112
0.484%
70.513
-1.888
2.608%
73.44
0.80
1.10%
1788.165
3.075
0.172%
 
 
US
 
Europe
 
Asia