Stocks Ended Flat with Eyes on Earnings

U.S. stocks ended little changed on Monday, as gains in utilities and consumer stocks offset declines in healthcare, with earnings news separating winners and losers across the board. The Dow Jones Industrial Average fell 8.02 points, or 0.04%, to 21,629.72. The S&P 500 lost 0.13 point, or 0.01%, to 2,459.14. The Nasdaq Composite added 1.97 points, or 0.03%, to 6,314.43.

Oil prices finished with a loss on Monday, as expectations for a monthly rise in U.S. shale-oil production helped to push prices back in the wake of a more than 5% climb last week. August West Texas Intermediate crude shed 52 cents, or 1.1%, to settle at $46.02 a barrel. September Brent crude lost 49 cents, or 1%, to $48.42 a barrel.

Netflix Inc (NFLX) added more U.S. and international subscribers than expected in the second quarter. It added 4.14 million subscribers internationally in the quarter ended June 30, compared with the average analyst estimate of 2.59 million. The company’s net income rose to $65.6 million, or 15 cents per share, in the latest quarter from $40.8 million, or 9 cents per share, a year earlier.

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