Stock Futures Flat as Major Averages Head for Losing Week; Netflix Drops After Earnings
Major stock indices are on track for a losing week with semiconductors underperforming and earnings reports influencing market sentiment. Netflix shares fell over 8% despite meeting expectations, while the VanEck Semiconductor ETF dropped nearly 4%. The S&P 500 declined by 0.5%, and the Nasdaq Composite lost 1.5%.
Tickers: $MRVL $MU $NFLX $SMH $STM $TSM
Topics: Dow Jones earnings reports Nasdaq Composite S&P 500 semiconductors