News Formal

U.S. stocks open modestly higher with Nasdaq jumping on Alphabet, Netflix boost

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stock indexes opened higher on Friday with the technology sector rallying after shares of Google parent Alphabet Inc. and Netflix Inc. jumped ahead of...

U.S. stock indexes opened higher on Friday with the technology sector rallying after shares of Google parent Alphabet Inc. and Netflix Inc. jumped ahead of opening bell. Shares of Netflix Inc rose 6.

3% at the open, after the streaming company added more subscribers than expected in the fourth quarter of 2022 and said its co-founder Reed Hastings was stepping down as chief executive. Alphabet Inc. rose 2.5% after the company announced it will lay off 12,000 employees. The Nasdaq Composite COMP, +0.87% advanced 0.7%, while the S&P 500 SPX, +0.24% rose 0.4% and the Dow Jones Industrial Average DJIA, -0.24% opened nearly flat.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

STOCK MARKET NEWS: Alphabet jobs, Netflix rises, T-Mobile breachNetflix shares rise on subscription gains. Nordstrom holiday sales decline. Oil's price gains for a second week. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »