Wall Street closes higher boosted by tech stocks gains on upbeat earnings

Published by
Reuters

By Echo Wang (Reuters) – U.S. stocks ended higher on Wednesday with the tech-heavy Nasdaq booking a 1.6 % gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed. Netflix Inc’s shares added 7.4% after the company predicted it would return to customer growth during the third quarter, while posting a smaller-than-expected 1 million drop in subscribers in the second quarter. Other high-growth stocks extended gains following the forecast from the streaming service provider. Shares of Apple Inc, Amazon.com Inc, Microsoft Corp and Meta Platforms Inc ros…

Read More

See also  We can now hear the voice of a mummy 3,000 years after the Egyptian priest last spoke

Leave a Reply