World shares are mixed ahead of update on US employment
NetflixNetflix(US:NFLX) BusinessLine·2026-02-11 10:55

Market Overview - Global shares exhibited mixed performance with cautious trading ahead of US employment updates, indicating a sluggish jobs market [1] - Gold, silver, and oil prices advanced, while Bitcoin experienced a decline [1][11] US Market Insights - The S&P 500 fell 0.3% to 6,941.81, while the Dow Jones Industrial Average gained 0.1% to close at 50,188.14, marking a record [4] - Retailers in the US reported lower-than-expected earnings, suggesting a potential slowdown in consumer spending, which is critical for economic growth [5] - Expectations for job growth in the US are low, with an anticipated addition of around 66,000 nonfarm jobs in January and wage growth slowing to 3.6% year-on-year [7] Company Performance - Coca-Cola's stock fell 1.5% after its quarterly revenue missed analysts' expectations, and it provided a less optimistic growth forecast [8] - S&P Global's stock dropped 9.7% due to a profit forecast that did not meet analysts' expectations, raising concerns about competition from AI-powered firms [8][9] - Warner Bros. Discovery's stock rose 2.2% following Paramount's increased buyout offer, which includes a $2.8 billion payment to facilitate the exit from a deal with Netflix [10] Commodity Prices - US benchmark crude oil increased by $0.87 to $64.83 per barrel, while Brent crude rose by $0.85 to $69.65 per barrel [11] - The price of gold rose by 1.2%, and silver increased by 5.1%, indicating a positive trend in precious metals [11]

Netflix-World shares are mixed ahead of update on US employment - Reportify