Stock market today: Nasdaq, S&P 500 step higher as Netflix jumps after earnings beat

US stocks rose on Friday, with tech in the lead as investors welcomed Netflix's across-the-board earnings beat in the wait for the next batch of corporate results. The tech-heavy Nasdaq Composite moved up roughly 0.5%, while the S&P 500 added 0.3%. The Dow Jones Industrial Average fell about 0.1% after hitting a fresh record closing high. The major stock gauges are all on track for a sixth weekly win in a row after a strong showing by big banks to kick off earnings season.

The streaming giant's profit surged to outstrip Wall Street estimates, while revenue and subscriber growth also came in stronger than expected. Its shares jumped over 9% in morning trading. At the same time, a rebound in Chinese stock markets propelled gains in US-listed shares of Alibaba , JD.com, and PDD . The rally came amid revived optimism for more stimulus to help China's economy. In commodities, gold prices hit a new record, topping $2,700 an ounce for the first time.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rallyA monthly report on retail sales could provide clues to whether the Fed will go for 'no cut' at its next meeting.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Nasdaq, S&P 500 futures step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow, S&P 500, Nasdaq futures tread water with bank earnings on deckJP Morgan and Wells Fargo get earnings season going in earnest, while a wholesale inflation print is in focus after the CPI surprise.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »