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Stocks rise after strong Netflix and Morgan Stanley earnings, Brexit deal hopes increase

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Stocks rose after strong earnings results from companies such as Netflix and Morgan Stanley. The Dow climbed 0.1%, the S&P 500 rose 0.3% and the Nasdaq increased 0.4%.

. The company reported a bigger-than-expected increase in international paid subscribers, which mitigated a big miss in domestic subscriber adds.

Morgan Stanley also got a boost from its quarterly numbers, closing 1% higher. The bank's results got a boost from stronger-than-anticipatedOverall, the corporate earnings season is off to a solid start. More than 78% of the S&P 500 companies that have reported have topped analyst earnings expectations, according to FactSet.

Traders work on the floor of the New York Stock Exchange on August 24, 2015 in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday.Stocks also rose after U.K. Prime Minister Boris Johnson saidvia Twitter. He called on British lawmakers to back the deal when it's put before Parliament on Saturday.

"At the moment, the parliamentary arithmetic is somewhere between "extremely tight" and 'no,'" said Constantine Fraser, a political analyst at TS Lombard. But the "main takeaway is that the Conservative party is now committed to this deal, not no-deal, and will campaign for a majority for it."

 

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