Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks

by David French, Reuters

The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks.

All three major Wall Street benchmarks also comfortably secured a sixth straight weekly gain, their longest weekly winning streaks since late 2023.

For the week, the S&P 500 gained 0.9%, the Nasdaq Composite advanced 0.8%, and the Dow Jones Industrial Average climbed 1%.

Shares of Netflix (NFLX.O), jumped 11.1% to a record closing high after the streaming giant topped Wall Street estimates for subscriber additions and said it expected continued growth through the end of the year.

 

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