US stocks close mixed

Netflix falls after company reports first subscriber loss in more than decade

By Tuba Sahin

ANKARA (AA) - Major indices in the US stock market closed mixed Wednesday with Netflix shares diving because of a loss of subscribers.

The Dow Jones was up 249.8 points, or 0.72%, to close at 35,161.

The S&P 500 lost 2.4 points, or 0.05%, to reach 4,460.

Tech-heavy Nasdaq fell 166.6 points, or 1.22%, to 13,453.

Netflix stock price plummeted more than 36% after the company announced its first loss of subscribers in over 10 years.

The yield on 10-year US Treasury notes fell 1.02% to 2.848%, while the dollar index decreased 0.64% to 100.32.

The VIX volatility index, known as the fear index, was down 3.37% to 20.65.

Precious metals were mixed with gold adding 0.01% to $1,959 but silver losing 0.35% to $25.30.

Global oil benchmark Brent crude was trading at $107.22, slightly down 0.03%, while US benchmark West Texas Intermediate (WTI) was at $102.43, gaining 0.37%.

Kaynak:

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