S&P 500 dips as energy shares fall; Netflix tumbles late after results [Reuters]
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Source: Reuters
S&P; 500 dips as energy shares fall; Netflix tumbles late after results | Reuters 5 Min Read NEW YORK (Reuters) - The S&P; 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America’s results reinforced expectations of a strong U.S. earnings season. Netflix ( NFLX.O ) shares ended the session up 1.2 percent but dropped more than 14 percent after the bell when it reported results. The company missed Wall Street forecasts for U.S. and international subscribers. Nasdaq e-mini futures NQcv1 volume jumped after Netflix’s results and sold off sharply to end the session down 1 percent. Facebook ( FB.O ), Amazon.com ( AMZN.O ) and Google parent Alphabet ( GOOGL.O ) - the other ‘FANG’ stocks - were down more than 1 percent in after-hours trading. The stocks have led the technology and consumer discretionary sectors back to record-high levels in recent days. During the regular session, the S&P; energ
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