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Wednesday, January 24, 2018

Epic Research Update : US Markets

Epic Research Update : US MarketsUS stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble.

Netflix touched a record high of USD 257.71 and was last up 9.98 percent at USD 250.29, to cross the USD 100 billion market value threshold. The video-streaming pioneer beat Wall Street targets for new subscribers in the fourth quarter.

The Dow Jones Industrial Average fell 3.79 points, or 0.01 percent, to 26,210.81, the S&P 500 gained 6.17 points, or 0.22 percent, to 2,839.14 and the Nasdaq Composite added 52.26 points, or 0.71 percent, to 7,460.29.
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