HomeMarketsU.S. Economy & JobsStock Market Today: Real Estate, IBM Strength & Tech Weakness After Netflix Earnings
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Stock Market Today: Real Estate, IBM Strength & Tech Weakness After Netflix Earnings

Dow Jones today was up over 249 points, while the Nasdaq and S&P 500 finished slightly lower. The markets were mixed as traders assessed the first round of quarterly earnings reports. In terms of energy names that could impact inflation, crude oil and gasoline was up, while natural gas was down. Next, Scott Connor discusses the real estate, consumer staples, and healthcare stocks showing strength. Some names include American Tower Corp. (AMT), Simon Property Group (SPG), Costco (COST), HCA Healthcare (HCA), and Procter & Gamble (PG). On the other hand, PayPal (PYPL), Nvidia (NVDA), Amazon (AMZN), Walt Disney (DIS), Meta Platforms (FB), and Tesla (TSLA) stock prices saw weakness. Also, IBM Corp. (IBM) earnings call revealed $1.40 in EPS and $14.2B in revenue, and the Netflix (NFLX) earnings report revealed $3.53 in EPS and $7.87B in revenue. The NFLX stock price was down over 35% today as the company reported that they lost subscribers for the first time in 10 years. Finally, Connor dis

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20 Apr 2022

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