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Continuing Uncertainty over Debt Ceiling Brings Stocks Down (AMZN, NFLX)

By: , dated July 26th, 2011
As the end of the month draws nearer, no clear end to the debt ceiling negotiations are in sight. As a result, the markets were down, with the Dow down by almost 1%. Amazon (AMZN) reported strong revenue growth, though a slight drop in profits, for Q2, and its stock price went up by about 5%. After forecasting minimal growth for the upcoming quarter yesterday, Netflix (NFLX) saw its stock value fall by almost 10% today. Meanwhile, 11 companies will be filing for IPO this week, making it a hot week for traders.

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In the context of a futures trading account, it is the value of the securities in the account, assuming that the account is liquidated at the going price. In the context of a brokerage account, it is the net value of the account, i.e. the value of securities in the account less any margin requirements.