US STOCKS-Wall St moves lower on mixed earnings reports
* Netflix drops 14 pct on weak subscriber numbers
* J&J hits record on strong results
* IMF cuts global growth forecast on Brexit uncertainty
* Indexes down: Dow 0.05 pct, S&P 0.28 pct, Nasdaq 0.39 pct (Updates to early afternoon)
By Yashaswini Swamynathan
July 19 (Reuters) - U.S. stocks ticked lower on Tuesday as mixed earnings reports dented investor optimism entering the earnings season, while lower expectations of global growth also weighed on sentiment.
The S&P and the Nasdaq were pulled down by Netflix and health stocks, while the Dow's fall was cushioned by Johnson & Johnson's strong results.
Strong economic data had sent stocks on a record-setting run through most of last week, and second-quarter earnings reports are expected to justify higher valuations.
While most S&P companies that have reported so far have beaten profit estimates, their outlooks have not been as encouraging. Continuación...