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Nasdaq Posts Strong Gains as Netflix Rallies on Earnings Beat

Stocks held near session highs on Tuesday afternoon as a positive earnings report from Netflix (NFLX) boosted the Nasdaq.

The Nasdaq rose 1.1%, the Dow Jones Industrial Average gained 0.5%, the S&P 500 was up 0.8%.

Netflix rocketed 19% higher after blowing past subscriber growth in its third quarter and guiding for fourth-quarter earnings nearly double expectations. The streaming service reported 3.57 million subscriber additions in its recent quarter, surpassing estimates of growth of...


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