Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Netflix catapults Nasdaq to record, Goldman drags Dow

Tuesday, July 18, 2017 - 01:27

Wall Street ended mixed as Netflix's rally pushed Nasdaq to a record high while Goldman Sachs weighed on the Dow, with earnings taking investors' focus. Elly Park reports.

▲ Hide Transcript

▶ View Transcript

Goldman Sachs dragged the Dow. But jump in Netflix shares limited losses on the S&P 500. The Nasdaq hit all time high. Netflix hit a record high following news of a solid subscriber growth. Goldman Sachs stock dropped after the bank reported a forty percent slump in bond trading revenue. Shares of Bank of America went along for the ride. BofA beat Wall Street estimates on strength in consumer banking and cost cuts. Last week, shares of JPMorgan, Wells Fargo and Citigroup took a beating on Wall Street after disappointing results. Jeff Tomasulo of Vespula Capital: (SOUNDBITE) JEFF TOMASULO, CHIEF EXECUTIVE OFFICER, AND HEAD PORTFOLIO MANAGER, VESPULA CAPITAL, LLC (ENGLISH) SAYING: "This is a hard environment for banks to increase their earnings and to succeed. We have low interest rates. You have complacent market, with low volume, so their trading volumes are down on their desks, and then you have what's going on in Washington, where you have a Republican Congress, Republican Senate, and a Republican president and we can't get anything done." U.S. dollar fell to a ten-month low after Republicans failed to repeal and replace Obamacare. Harley-Davidson fell after cutting forecast. Chipotle was down on the news that it shut a restaurant following complaints of severe illness from several diners. In Europe, stocks closed in the red on disappointing earnings

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Netflix catapults Nasdaq to record, Goldman drags Dow

Tuesday, July 18, 2017 - 01:27

Featured Videos

Ocean clean-up ship fuelled by plastic pollution

Ocean clean-up ship fuelled by plastic pollution

Plans have been revealed for a self-powering ship that will remove plastic pollution from the sea, processing it into fuel as it goes
Ivorian wins first African freestyle football champs

Ivorian wins first African freestyle football champs

A freestyle footballer from Ivory Coast wins the first African championships, held in Nigeria
Che Guevara poster artist on revolutionary times

Che Guevara poster artist on revolutionary times

Fifty years after creating the Che Guevara poster that still adorns student bedrooms around the world, Irish artist Jim Fitzpatrick is delighted at its ubiquity, but concerned at its exploitation for commercial gain
Netfix and HBO tie for total wins at the Emmys

Netfix and HBO tie for total wins at the Emmys

It was a night of upsets for the highest honours in television and a triumph for streaming services, as Netflix drew with HBO for first place at the awards show
BMW shows off self-driving motorcycle

BMW shows off self-driving motorcycle

BMW has released video of its first self-driving motorbike, an autonomous version of its R1200GS motorcycle