Trading on Wall Street was slightly mixed early today, the Associated Press reports, as markets close out another week with companies continuing to post their most recent profits. Futures for the S&P 500 were up 0.2% before the bell, while futures for the Dow Jones Industrial Average retreated a modest 0.1%.
CVS Health slid about 11% in premarket trading after the retail pharmacy chain and health care company announced that CEO Karen Lynch has stepped down. Lynch will be replaced by David Joyner, who will attempt to steer the health care giant through a worsening environment of rising medical costs.
Tesla shares fell less than 1% after the U.S. government’s road safety agency said it is again investigating the electric car maker’s “Full Self-Driving” system, this time after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.
Netflix shares climbed 6.5% in extended trading after the video streaming company reported better third-quarter sales and profit than Wall Street was expecting late Thursday, even as subscriber growth slowed dramatically. Netflix forecast revenue growth of 15% in the current quarter, matching the booming sales growth in the July–September period.
In other dealings early today, U.S. benchmark crude oil gave back 3 cents to $70.06 per barrel. Brent crude, the international standard, lost 10 cents to $74.34 per barrel.
The dollar fell to 150.05 Japanese yen from 150.21 yen.
