Earnings are starting to kick in a little faster here. NFLX disappointed after the close and is down about 15% so far in after market trading. Keep in mind that earnings for this quarter should be down about 5%, following -7.5% last quarter.
Here is a look at key earnings tomorrow before the open.
The major averages began the session on a choppy note as mixed performances from global markets and a downturn in crude oil elicited modest selling pressure. European markets consolidated overnight, pausing as investors eyed an unsuccessful coup in Turkey. Members of the Turkish military attempted to oust President Erdogan over the weekend, beginning their failed attempt shortly ahead of Friday’s closing bell. The attempted upheaval was largely shrugged off by global markets as U.S. investors shifted their focus to upcoming earnings reports.
Keep an eye on Joy Global tomorrow.
