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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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."

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:

 /  🏆 12. in SG
 

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

Courtney looking so good..............

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Stocks making the biggest moves premarket: IBM, Morgan Stanley, Honeywell, Netflix & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Netflix, Morgan Stanley, IBM, Honeywell & moreCheck out the companies making headlines in midday trading:
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Netflix, IBM, Alcoa and moreSee which stocks are posting big moves after the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: United Airlines, Cardinal Health, MGM and moreSee which stocks are posting big moves after the bell on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen slightly lower as Brexit takes center stageEuropean stocks were expected to open slightly lower Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Bank of America, Bank of NY Mellon, MGM Resorts & moreThese are the stocks posting the largest moves before the bell. Is the mythical Phase 1 of the China trade “deal” finalized and signed? I don’t believe promises to buy more soybeans. And I don’t buy realDonaldTrump bluster. Please report on the trade war with China.
Source: CNBC - 🏆 12. / 72 Read more »