Below are the most important news, trends and analyzes that investors need to start their trading day:
1. The Nasdaq has fallen, Netflix shares the slide
A trader works on the floor of the New York Stock Exchange.
NYSE
2. Netflix reports a dramatic slowdown in subscribers
Signage in front of the Netflix office building on Sunset Boulevard in Los Angeles, California, on Monday, April 19, 2021.
Bing Guan | Bloomberg | Getty Images
Netflix blamed its slowdown on the growth of pandemic-inspired delay subscribers in some of its big shows and movies. In the first quarter, net subscriber additions with global payment amounted to 3.98 million compared to estimates of 6.2 million. Netflix said Tuesday it expects to add just one million subscribers in the current quarter. The company does not believe that increased competition in the size of Disney + and Hulu, H & Max from AT & T, Apple TV +, Amazon Prime and Peacock from Comcast will have a significant factor in the low number of subscribers. First-quarter earnings per share outperformed well, while earnings slightly exceeded analysts ’expectations.
3. With the latest vaccine milestone, Biden pushes shots for everyone
U.S. President Joe Biden is holding a bipartisan meeting on the U.S. occupation plan at the White House in Washington, D.C., on April 19, 2021.
Kevin Lemarque | Reuters
On Wednesday, President Joe Biden will reflect on his efforts to expand distribution and access to the Covid vaccine in its first three months in the White House. The United States has administered more than 200 million doses, according to the CDC, the last goal the president wanted to meet before his centennial day in office next week. More than 50% of American adults have received at least one dose, including a third, completely vaccinated. With all people over the age of 16 who are already eligible, Biden is expected to explain his administration’s plans to further increase vaccination rates.
4. J&J resumes the launch of the Covid vaccine in Europe
Johnson & Johnson’s Janssen COVID-19 vaccine is stored for use with United Airlines employees at the United Airport clinic at O’Hare International Airport on March 9, 2021 in Chicago, Illinois.
Scott Olson | Getty Images
Johnson & Johnson said it will resume the launch of its Covid vaccine in Europe after regulators said the benefits outweigh the risk of infrequent but severe blood clots. On Tuesday, the European Medicines Agency recommended adding a warning about possible problems with low blood platelet clotting. The J&J vaccine has been paused in the United States after six women developed a rare blood clotting disorder. One woman died and another was in critical condition. The CDC’s immunization advisory panel is scheduled to make its recommendation Friday on the J&J single vaccine.
5. Sanders presents the free college bill and wants Wall Street to pay for it
Senator Bernie Sanders, a Vermont independent and chairman of the Senate Budget Committee, speaks during a hearing in Washington, DC, USA, on Wednesday, March 17, 2021.
Samuel Corum | Bloomberg | Getty Images
Senator Bernie Sanders, I-Vt., And Rep. Pramila Jayapal, D-Wash., On Wednesday introduced the College for All plan, legislation that would make college education free for millions of people and provide additional support. to those of the working class. families attending minority institutions. The bill, as in previous plans, proposes that the government help pay it by imposing a tax on financial transactions on Wall Street. It is not known if Biden supports this bill, but he generally wants to reduce the burden of college costs. As a candidate, he expressed support for the general idea of a financial transaction tax, but offered no details.
– Associated Press and Reuters contributed to this report. Follow all the actions of the market as a professional CNBC Pro. Get the news about the pandemic with CNBC coronavirus coverage.
Disclosure: Comcast is the owner of NBCUniversal, CNBC’s parent company.