U.S. stocks traded lower this morning, with the Dow Jones Industrial Average falling more than 500 points on Friday. Following the market opening, the Dow traded down 0.98% to 52,037.01, reflecting broad market pressure. The decline was accompanied by drops in other major indices, with the NASDAQ dipping 1.77% to 25,422.98 and the S&P 500 falling 1.15% to 7,447.23.

Market Performance and Sector Moves

Energy shares jumped by 1.6%, providing a rare bright spot in the session. Conversely, communication services stocks fell by 2.9%, leading the sector declines. The following table summarises the key market data recorded at the time of the report:

Netflix Inc. Results Pressure Market

Netflix Inc. (NASDAQ: NFLX) shares dipped more than 10% on Friday after the company reported mixed second-quarter financial results and issued weak guidance for the third quarter. Netflix reported second-quarter revenue of $12.56, up 13% year-over-year. The revenue total missed a Street estimate of $12.59 billion. Second-quarter earnings of 80 cents per share beat a Street consensus estimate of 79 cents per share.

Commodities and Global Markets

In commodity news, oil traded up 3% to $81.35 while gold traded up 0.1% at $3,992.20. Silver traded down 1.4% to $55.415, while copper fell 2.2% to $6.2055. European shares were lower, with the eurozone’s STOXX 600 declining 0.8%. Asian markets closed mostly lower, with Japan’s Nikkei 225 dipping 4.03% and Hong Kong’s Hang Seng index falling 1.78%.

U.S. Economic Data

U.S. industrial production increased 0.1% month-over-month in June, missing market estimates of 0.2% growth. Housing starts surged 19% to an annualized rate of 1427 thousand units in June, while building permits fell by 3% month-over-month to an annual rate of 1.367 million. U.S. import prices rose by 0.3% month-over-month in June, while export prices declined 0.6%.

U.S. stocks ended on a mixed-to-negative note as the Dow Jones Industrial Average unofficially closed down 159.02 points, or 0.30%, at 52,499.62, reversing early gains that had briefly pushed the index up 0.26% after market open. The NASDAQ declined 0.64% to 26,114.25 and the S&P 500 dropped 0.22% to 7,558.82, reflecting broad weakness across major indices by the close of trading.

Index Performance

The Dow's closing decline marked a reversal from its early session strength, with the tech-heavy NASDAQ and the broader S&P 500 also finishing in negative territory.

Sector Performance

Energy shares led the gains on the day, jumping 2.1%. Information technology stocks were the notable laggard, falling 1.1% and contributing to the NASDAQ's decline during the session.

Market Movers

Several individual stocks saw significant moves during the session. On the upside, Twin Vee Powercats Co shares surged 140% to $11.57 after announcing a merger agreement to combine its boating operations with a USFM subsidiary in Greenland. Q32 Bio Inc shares rose 67% to $18.76 following the announcement of 36-week topline results from Part B of the SIGNAL-AA Phase 2a clinical trial. Agenus Inc gained 62% to $5.42 after announcing plans to raise $85 million to fund its colon cancer drug trial. LogProstyle Inc also rose after posting FY earnings of 20 cents per share, with sales rising to $140.00 million from $130.00 million in the year-ago period.

On the downside, BNB Plus Corp dropped 52% to $0.18 after receiving a Nasdaq delisting notification. YSX Tech Co Ltd fell 39% to $0.62 following a year-over-year decrease in FY26 EPS results, while Jiuzi Holdings Inc declined 35% to $1.40.

Commodities and Global Markets

In commodity markets, oil traded up 3.9% to $74.20, while gold traded down 1% at $4,073.20. Silver declined 2.1% to $58.88, while copper edged up 0.4% to $6.3095. European shares were mostly lower, with the eurozone's STOXX 600 declining 0.3%, London's FTSE 100 falling 0.3%, Germany's DAX slipping 0.1%, France's CAC 40 dipping 0.1%, and Spain's IBEX 35 Index falling 0.1%. Asian markets closed mixed, with Japan's Nikkei 225 falling 1.92%, China's Shanghai Composite declining 2.06%, Hong Kong's Hang Seng index rising 0.16%, and India's BSE Sensex gaining 0.06%.