Wall Street's main indexes were set for their third day of losses on Thursd...
- Wall Street’s main indexes were set for their third day of losses on Thursday, as Netflix reported a surprise fall in U.S. subscribers in a downbeat start to results from high-growth companies.
Shares of the streaming pioneer tumbled 11.1% to their lowest since late-January at $321.84, as the company also missed targets for new subscribers overseas at a time when it has staked its future on global expansion. “Earnings have met expectations but companies are being cautious about future quarters, which is something that’s not able to keep the S&P 500 above the 3,000 level.”
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