Wall St. set to open flat as trade worries weigh; Netflix tumbles

(Reuters) – U.S. stocks opened lower on Thursday as shares of streaming pioneer Netflix (NASDAQ:NFLX) 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.