Stock Market News: Netflix Climbs on Subscriber Data; Johnson & Johnson Looks Healthy
Tuesday morning gave investors another good opening on Wall Street, as markets continued to ride their upward momentum following good news on the trade front recently. With some hope that the U.S. and China will be able to resolve their disputes and reduce the extent to which tariffs have disrupted both nations' economies, investors seem ready to give the stock market a year-end rally. As of just before 11 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 50 points to 28,285. The S&P 500 (SNPINDEX: ^GSPC) rose 3 points to 3,195, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 2 points to 8,816.
Several stocks posted larger gains. Netflix (NASDAQ: NFLX) grabbed some attention by releasing some interesting data about its streaming video business, while Johnson & Johnson (NYSE: JNJ) finally got the recognition it arguably deserves from Wall Street analysts.
Shares of Netflix were up 3% after the streaming video specialist released some detailed numbers on its worldwide subscriber base. In a filing with the U.S. Securities and Exchange Commission, the company gave regional subscription and revenue numbers going back to 2017.
Source Fool.com
