Spending Bill, Netflix Reports, Facebook Rebrand, EIA Data – What’s Moving Markets By Investing.com – Investing.com
- Date: 20-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Spending Bill, Netflix Reports, Facebook Rebrand, EIA Data – What’s Moving Markets By Investing.com – Investing.com
By Geoffrey Smith
Investing.com -- The Democrats' spending bill gets pruned. Netflix (NASDAQ:) earnings disappoint as Squid Game fails to translate immediately into a revenue bump. Tesla (NASDAQ:) and IBM (NYSE:) report after the bell, while NextEra Energy (NYSE:), and Verizon (NYSE:) head a full early slate of earnings. The European Central Bank's most prominent hawk has called it a day, and oil prices come off recent highs after a fourth straight weekly rise in inventories. Here's what you need to know in financial markets on Wednesday, 20th October.
1. Dems trim spending bill