Stock Market Update

[BRIEFING.COM] The major averages continue to chart session lows with just half an hour left in today's session.

Within the communication services sector (-2.9%), Netflix (NFLX 73.67, -0.01, -0.01%) has given back its earlier gain ahead of its earnings release after the close. Expectations are tempered by its own downside Q2 guide in April, even after a strong Q1 beat. The stock has been mostly range-bound into the print and remains well below its 50-day and 200-day averages, suggesting investors want proof that revenue growth, ad monetization, and margin discipline are still on track. This report likely matters most for what management says about the back half of 2026.