U.S. stock futures were mixed Thursday as trader weighed the latest batch of corporate earnings reports, including mixed results from Netflix.
Futures for the Dow Jones Industrials gained 45 points, or 0.1%, to 35,299.
Futures for the S&P 500 slid 6.25 points, or 0.1%, to 4,590.75.
Futures for the NASDAQ descended 101.75 points, or 0.6%, to 15,857.50.
Shares of Netflix dropped 6.8% after the streaming giant posted its second-quarter earnings report. The company posted $8.19 billion in revenue, falling short of the $8.3 billion anticipated by analysts.
Tesla, meanwhile, tumbled 4.1% after CEO Elon Musk and other executives said on an earnings call that vehicle production would slow during the third quarter due to shutdowns for factory improvements.
Johnson & Johnson posted earnings per share and revenue that exceeded analyst expectations. The company also hiked its full-year outlook. Shares rose more than 1% in the pre-market.
Travelers, American Airlines and Blackstone are also set to report later in the day. Of the S&P 500 companies that have reported earnings thus far, 77% have exceeded expectations, FactSet data shows. The strength in corporate earnings have created optimism for a soft landing for the economy.
Stocks are coming off a positive session, with the Dow posting an eight-day winning streak, its longest since September 2019.
Wall Street will also be keeping an eye on the weekly jobless claim numbers and existing home sales data.
In Japan, the Nikkei 225 backtracked 1.2%. while in Hong Kong, the Hang Seng lost 0.1%.
Oil prices edged up 11 cents to $75.46 U.S. a barrel.
Gold prices strengthened $3.50 to $1,984.30. U.S. an ounce.