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Wall Street opens lower as Netflix plunges

(Reuters) – U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix tumbled, kicking off earnings for the FAANG group of stocks on a sour note.

The Dow Jones Industrial Average .DJI fell 27.87 points, or 0.10%, at the open to 27,191.98. The S&P 500 .SPX opened lower by 5.55 points, or 0.19%, at 2,978.87. The Nasdaq Composite .IXIC dropped 33.44 points, or 0.41%, to 8,151.76 at the opening bell.

Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur