NEW YORK (dpa-AFX) – The recent spike in the recovery on Wall Street was more cautious on Wednesday. Gas supplies to Europe continued to play a central role in exchanges, and the related concerns about international consequences that investors were unable to throw out of their heads. Based on good news from the Netflix streaming service
The leading Dow Jones Industrial index
Euphoria from yesterday’s rumors about the continuation of Russian natural gas supplies has now been mixed with slightly more skepticism, which was particularly evident in the defaults. In addition to the first information on the volume of supplies, there were also new warnings from Moscow, so it was not clear how much gas would actually flow through the Nord Stream 1 pipeline from Thursday.
Wall Street investors were also concerned about the risk of a European gas crisis, even though the US is not dependent on Russian gas supplies. “Europe is a key trading partner for other large economies, so it is almost inevitable that the gas crisis in Europe will spread elsewhere,” said one expert.
The numbers presented by Netflix were characterized by a better than feared increase in the number of users. After the unstable start, the shares of the streaming service were becoming more and more positive, ultimately it was 7.4 percent. They managed to break the $ 200 line at the highest level since the end of April.
With the show’s new hits, the number of paid user accounts has dropped less than feared. The market said Netflix avoided the “worst case scenario”. “After losing a lot of customers in the first half of the year, the message for investors is: it could be worse,” the stockbrokers told. So far this year, the securities have recorded a fall in prices by almost two-thirds.
The titles of Dow-listed competitor Walt Disney also benefited from Netflix news
Among the main stocks, Nasdaq Alphabet fell slightly from the rally
There was generally a bad mood in the healthcare sector, and quarterly data, which has indeed been well rated, and the increased annual targets of Biogen pharmaceutical companies have also helped
Baker Hughes shares fell 8.3 percent.
After three days of recovery, the euro gave up
In the US bond market, the 10-year treasury contract continued its losses this week. Recently lost 0.16 percent. to 117.78 points. In return, the yield on ten-year government bonds rose to 3.03 percent.
— Author: Timo Hausdorf, dpa-AFX —
ISIN US2605661048 US6311011026 US78378X1072
AXC0333 2022-07-20 / 22: 38
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