Closing Bell: Netflix, CW Partner Up; U.S. Stocks Decline

Wall Street returned from the long Independence Day weekend to find worries over Brexit again gaining traction. The Dow ended with losses of roughly 100 points, while crude oil closed at its lowest level in just over a week. Comcast (CMCSA) - Get Report has struck a deal with Netflix (NFLX) - Get Report to incorporate the video-streaming service into its X1 platform. The deal allows Comcast to compete more effectively with other over-the-top devices such as those from Roku and Verizon (VZ) - Get Report . Separately, Netflix reached a new multi-year agreement with the CW, extending the exclusive streaming rights agreed upon in 2011. The deal involves scripted CW series such as Supernatural, Supergirl and The Vampire Diaries. Nordstrom (JWN) - Get Report declined despite an upgrade to HOLD from SELL at Miller Tabak. Analysts said the revision was a valuation call. TheStreet's Keris Lahiff has details from Wall Street.