The S&P 500 Index ($SPX) (SPY) this morning is down -0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.60%.
US stock indexes this morning are mixed, with the S&P 500 falling to a 1-3/4 month low and the Nasdaq 100 dropping to a 2-1/2 month low. Negative corporate news and escalating geopolitical risks are undercutting stocks. Netflix is down more than -5% after forecasting Q2 revenue below consensus. Also, Jabil is down more than -3% after CEO Wilson was placed on paid leave pending completion of an investigation related to corporate policies. Procter & Gamble is down more than -1% after reporting weaker-than-expected Q3 net sales.
