Wall Street held back by tech weakness

By Dow Jones newswires

In other corporate news, Netflix has reached an agreement with Time Warner's Warner Bros to secure streaming rights for the TV show 'Gotham',  marking the latest major content acquisition by Netflix, The Wall Street Journal reported. Netflix shares rose 0. 6 per cent and shares of Time Warner were up 0. 5 per cent. Delta Air Lines fell 5. 4 per cent after it reported that passenger revenue per seat was at the lower end of its forecasts and cut its projections for its third-quarter operating margin.

Read more here: Business Spectator


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