Wall Street slips on fears of economic pain due to rising Covid-19 cases

Wall Street's main indexes gave up early gains to trade lower on Friday, as fears over business disruptions due to another record-breaking rise in Covid-19 cases at home overtook optimism over a further stimulus for a post-pandemic economic revival.
 

Netflix's shares fell 7.2% after it forecast slower-than-expected subscriber growth during the third quarter and weighed the most on the S&P 500 and the Nasdaq.
 

The video streaming service's shares also pulled the communication services sector down 1.2%, the most among S&P sectors.
 

The Nasdaq looked set to underperform the S&P 500 for the sixth session in a row as investors