US STOCKS-S&P, Nasdaq dragged down by Netflix; J&J props up Dow

martes 19 de julio de 2016 11:45 GYT
 

* Netflix drops 13 pct on weak subscriber numbers

* J&J hits record high after results

* IMF cuts global growth forecast on Brexit uncertainty

* Dow up 0.09 pct, S&P down 0.1 pct, Nasdaq down 0.16 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

July 19 (Reuters) - The S&P 500 and the Nasdaq were lower on Tuesday, weighed down by Netflix and health insurers, but the losses were offset on the Dow by Johnson & Johnson's strong results.

Also weighing on sentiment was the International Monetary Fund's move to cut its global growth forecasts for the next two years due to uncertainty over Britain's looming exit from the European Union.

J&J shares rose 2.1 percent to a record high of $125.75, after the company's profit topped estimates and it raised its forecast for the year.

Health stocks, which were higher at the open on J&J's results, dropped 0.3 percent, led by health insurers after a report said U.S. antitrust officials would file lawsuits to block Anthem's acquisition of Cigna and Aetna's takeover of Humana.   Continuación...