Dow dips, S&P 500 stable after medtech gains, Netflix drag By Reuters

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Dow dips, S&P 500 stable after medtech gains, Netflix drag By Reuters
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The defensive utilities group gained most among S&P 500 sectors, rising 0.8%., also known as Wall Street's fear gauge, fell to its lowest point since November 2021 during the session.

S&P 500 companies overall are expected to post a 4.8% decline in first-quarter earnings from the year-earlier period, according to Refinitiv IBES. Netflix Inc shares slid 3.2% after the video-streaming pioneer offered a lighter-than-expected forecast. Shares of streaming rival Disney slipped 2.2%.

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