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Asia Ex-China And Europe Markets Rise; Gold Falls And Dollar Gains Amid Easing Middle East Conflict Fears - Global Markets Today While US Slept
On Friday, April 19th, the U.S. stock markets closed mixed, influenced by a decrease in Netflix (NASDAQ:NFLX) shares, although American Express (NYSE:AXP) provided support to the Dow following their respective earnings announcements. Additionally, market mood was affected by skepticism regarding a forthcoming rate cut by the Federal Reserve.
Netflix’s Q1 earnings, revenue, and subscriber count exceeded forecasts, but it warned of a potential Q2 subscriber dip due to seasonality and issued lower-than-expected revenue guidance, though its EPS outlook was higher than anticipated.
In economic data, Baker Hughes Inc. reported that the total count of active U.S. oil rigs rose by 5 to 511 this week.
Most S&P 500 sectors ended higher, led by gains in financial, utilities, and energy stocks, while information technology ...