(Bloomberg) — For fans of haywire market statistics, there’s this: The Nasdaq Composite has managed to go two months without posting back-to-back declines. That record streak was under threat after Netflix Inc.’s after-hours drop sent exchange-traded funds tracking the tech space lower.The index, weighted to megacaps like Amazon.com Inc. and Facebook Inc., lost 0.7% in Thursday’s regular session, as investors rotated out of tech in favor of laggards like airlines and energy. An ETF tied to its sister index, the Nasdaq 100, was down another 0.5% as of 7:12 p.m. in New York.The proximate culprit was Netflix, which said it …read more
Source:: Yahoo Finance
