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News 2026-07-16 22:18 UTC

Closing Bell Movers: Netflix down over 8% after results

More pain in the tech arena drove major indices lower on Thursday, with Nasdaq Composite's 1.5% decline seen as the biggest retreat. The 0.5% decline in S&P 500 also cut into the benchmark's two-day rally as Communication Services - yesterday's best performing sector - was today's worst performing sector, as Alphabet (