|
US stocks open higher, but Netflix stock falls
Most of the US stock indices opened higher on Wednesday, amid anticipation of more quarterly earnings reports, but the Netflix stock fell despite its upbeat earning results.
The White House revealed a plan to vaccinate children from 5 to 11 years old against the coronavirus.
The US Food and Drug Administration fully approved the Pfizer-BioNTech Covid-19 vaccine, after clinical tests proved its safety for use, and the vaccine was also tested on children and proven safe.
Netflix stock fell 1.7% to $627.9 as of 14:16 GMT, despite the company's announcement of more new subscribers in the third quarter, and profits and revenues that topped analysts' expectations.
As for stocks, Dow Jones rose 0.3% or 104 points to 35,561 as of 14:18 GMT, and S&P 500 rose 0.3% or 13 point to 4,533, while Nasdaq rose 0.1% or 20 points to 15,149.
American Markets News
Markets
S&P 500 and Nasdaq head for steep weekly losses as chip stocks retreat
The S&P 500 and Nasdaq Composite were on track for significant weekly losses as semiconductor ...
Markets
Wall Street slides as technology stocks sell off amid fears of a more hawkish Fed
The Nasdaq Composite and S&P 500 fell to their lowest levels in more than a week on Tuesday, ...
Markets
S&P 500 and Dow edge higher as investors assess Middle East talks
The S&P 500 and Dow Jones edged higher on Monday, supported by technology and financial stocks, ...