Weak Earnings, Trade Tensions Weigh on Global Stocks - News Summed Up

Weak Earnings, Trade Tensions Weigh on Global Stocks


Equities fell around the world Thursday as another snag in U.S.-China trade talks and weak earnings shook investor confidence. In U.S. offhours trading, shares in Netflix fell 11% after the streaming giant said its number of subscribers in the U.S. declined for the first time in nearly a decade. Ebay rose 5.7% after the online marketplace raised its profit outlook and notched better-than-expected quarterly results. Meanwhile, Qualcomm dropped 0.9% after the European Union announced a second antitrust fine against the telecommunications...


Source: Wall Street Journal July 18, 2019 08:26 UTC



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