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VOL. 48 | NO. 3 | Friday, January 19, 2024
Netflix and tech stocks climb, but Wall Street ends with indexes mixed
NEW YORK (AP) — Wall Street ended mixed after strong gains for Netflix and some influential technology stocks helped offset losses across much of the U.S. stock market.
The S&P 500 edged up 0.1% Wednesday. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite added 0.4%.
Stocks elsewhere around the world rose after China announced measures to boost what's been a disappointingly weak recovery for the world's second-largest economy.
Treasury yields were mixed after a preliminary report suggested growth for U.S. business output is accelerating, while inflation pressures may be easing.
Netflix jumped after reporting bigger-than-expected subscriber gains.