Episodes
Wednesday Jul 19, 2017
US Close 19 July 17: NASDAQ record highs on Netflix- AUD just off 2yr high
Wednesday Jul 19, 2017
Wednesday Jul 19, 2017
US sharemarkets were mixed on Tuesday as investors reacted to earnings season and the collapse of the US Senate healthcare bill. The Dow was dragged lower by a 2.6% drop in Goldman Sachs on disappointing commodity and bond trading revenue. However the Nasdaq hit fresh intra-day record highs after Netflix rallied by 14% following upbeat earnings. IBM reported earnings after the close and missed on revenue estimates. The Dow Jones closed down 55 points or 0.3% after being down as much as 154 points in early trade. The S&P 500 rose by 0.1% and the Nasdaq rose by almost 30 points or 0.5%.
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