๐ Netflix shares boost S&P 500 to record high; Dow Jones notches fourth record high in a week
Overnight moves:
S&P: 5,864.67 (+0.4%)
DJIA: 43,275.91 (+0.1%)
Nasdaq-100: 20,324.04 (+0.7%)
On Friday, all three major indices closed higher, marking their longest weekly winning streak of the year, at six consecutive weeks. The highlight was Netflixโs earnings release, which exceeded market expectations and sent its share price 11% higher. The Dow Jones and S&P 500 closed at new record highs, with the energy sector being the only one out of the 11 S&P sectors to close lower. Meanwhile, most of the magnificent seven stocks closed higher, bringing the Nasdaq-100 to a 0.7% gain.
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