Nasdaq and S&P in gains - New York Report

THE S&P 500 and Nasdaq eked out slight gains yes­terday after another choppy session, as economic data eased fears about the potential effect of a weak­ening global economy on the United States.

The Dow Jones closed down for sixth straight session, matching a six-day losing streak in August of last year and leaving the index down 2.8 per cent for the year so far.

The Dow Jones industrial average fell 24.5 points, or 0.15 per cent, to 16,117.24, the S&P 500 gained 0.27 points, or 0.01 per cent, to 1,862.76 and the Nasdaq Composite added 2.07 points, or 0.05 per cent, to 4,217.39.

Netflix shares plunged 19.4 per cent to $361.70, among the biggest drags on both the S&P 500 and Nasdaq 100, after it said it had signed up fewer video-streaming subscribers than forecast for the quarter.