The charts over the last week or two have gone haywire. The S&P 500 is more than 15% above its 200-day moving average in a way that it was similar to prior to the 2020 crash, the 2018 pullback,. Abigail Do Little: Netflix, of course, is reporting after the bell and we'll be talking about the password crackdown.
Bloomberg News Senior Finance Reporter Sri Natarajan breaks down Goldman Sachs reporting second-quarter earnings that fell 58% on an investment-banking slump, real estate markdowns and a goodwill writedown in the consumer business. Dan Morgan, Senior Portfolio Manager at Synovus Trust, shares his insight on Netflix and IBM earnings. David Trainer, CEO of New Constructs, hits Tesla earnings. Ben Walter, CEO of Chase Business Banking, discusses small business owner sentiment. And we Drive to the Close with Bloomberg News Markets Reporter Abigail Doolittle. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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