NEW YORK (AP) — Stocks edged principally increased in afternoon buying and selling on Wall Street Wednesday however have been held again by streaming leisure big Netflix, which misplaced misplaced greater than a 3rd of its worth after reporting its first subscriber loss in additional than a decade and predicting extra grim instances forward.
The S&P 500 rose 0.3%, the Dow Jones Industrial Average rose 1% and the Nasdaq fell 0.8%.
IBM added 7.6% after reporting outcomes that beat analysts’ estimates.
Health care firms, banks and a mixture of family product makers made strong features.
Bond yields fell and crude oil costs slipped.
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