Tuesday, 15 January 2019

Netflix, China boost WallStreet as investors shrug off Brexit vote

The DowJones Industrial Average rose 155.75 points, or 0.65 percent, to 24,065.59, the S&P 500 gained 27.69 points, or 1.07 percent, to 2,610.3 and the Nasdaq Composite added 117.92 points, or 1.71 percent, to 7,023.83.

US stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s plans to raise fees for US subscribers and hopes of more stimulus for China’s slowing economy fostered a risk-on mood among investors.

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