Market Open: Stocks Sharply Lower. Netflix Tumbles, Home Affordability Slides • 7/17/26

I'm Jill Schneider, CNBC. Stocks sharply lower in early trading. The Dow down 500 points, the S&P 500 lower by 87, and the Nasdaq tanking 450 points, nearly 2%.Among the morning's biggest movers, shares of Netflix falling more than 11% after the streaming giants second quarter results disappointed investors hurt by guidance indicating slow growth. TD Cowan internet and media analyst John Blackledge thinks that drop might be a bit of an overreaction. >> I I do I mean it was definitely mixed but down over 11% ...