Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks open higher, but Netflix stock falls

Economies.com
2021-10-20 14:20 UTC

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.

American Markets News

Americas News

Markets

Wall Street rises as chip stocks rebound ahead of Big Tech earnings
2026-07-20 14:51 UTC
Wall Street's major indexes advanced on Monday, led by a rebound in semiconductor stocks, as ...
Americas News

Markets

US stocks fall as chip selloff deepens
2026-07-17 15:20 UTC
US stocks declined on Friday as investors reassessed the artificial intelligence-driven rally that ...
Americas News

Markets

Nasdaq and S&P 500 Decline as Chip Stocks Remain Under Pressure Ahead of Earnings
2026-07-16 15:01 UTC
The S&P 500 and Nasdaq indices moved lower on Thursday as continued weakness in semiconductor ...