NEW YORK - Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.Britain and the European Union agreed to a severance deal, moving closer toward wrapping up three years of uncertainties after Britons voted to leave the bloc.
But of the 63 companies in the S&P 500 that have reported so far, 82.5% have come in above estimates. Streaming pioneer Netflix Inc advanced 2.5% after the company reported a rebound in subscribers in the third quarter. In other earnings news, shares of International Business Machines Corp were the biggest drag on the blue-chip Dow, sinking 5.5% after missing quarterly revenue estimates.
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: