In today's update:
1) Stocks post second straight day of losses as second-quarter earnings become the main focus of concern. The Dow Jones Industrial Average dropped 115.78 or 0.42%, the S&P 500 fell 19.62 or 0.65% while the Nasdaq 100 closed lower by 37.59 or 0.46% and the Russell 2000 finished lower by 11.22 to 0.72%.
2) Crude Oil Futures fell $1.04 or 1.80% after a surprise build in U.S. Crude stockpiles while Gold Futures jumped gaining $17.00 or 1.20% on weakness in the U.S. dollar. The Bond market rallied and the yield on the 10-year Treasury Note settled at 2.050%.
3) Netflix Inc. (NFLX) is tanking in the after-hours trading session after reporting second-quarter earnings and beating analyst expectations for earnings per share but missing big on domestic and international paid subscriber additions. Shares of NFLX are trading lower by $44.05 per share or 12.15% after market close.