Wall St opens lower as chip rout extends; Netflix slides
Tweet
Share
E-mail
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2026. REUTERS/Brendan McDermid
July 17 (Reuters) - Wall Street's main indexes opened lower on Friday, with a reassessment of this year's AI-fueled rally by investors deepening a selloff in chip stocks and a weak forecast from Netflix adding to the pressure.
The Dow Jones Industrial Average fell 126.5 points, or 0.24%, at the open to 52,426.46. The S&P 500 fell 86.2 points, or 1.14%, at the open to 7,447.52, while the Nasdaq Composite dropped 469.7 points, or 1.81%, to 25,412.259 at the opening bell.
(Reporting by Ragini Mathur in Bengaluru; Editing by Joyjeet Das)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Former China Development Bank president put under anti-graft investigation
- Mexico's Sheinbaum to attend World Cup final at President Trump's invitation
- Mexico ministries investigate cyclospora linked to Mexican farm
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
