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Nasdaq and S&P 500 Futures Climb, and Netflix Soars Following a Beat in Earnings

Futures for the S&P 500 and Nasdaq-100 increased on Wednesday, driven primarily by early gains in Netflix following the streaming behemoth’s impressive quarterly results.

Futures contracts linked to the Nasdaq-100 increased by 0.8%, while those linked to the broad market index increased by 0.4%.

Futures for the Dow Jones Industrial Average increased by 61 points, or 0.1%. When Netflix reached 300 million paying members, its stock shot up more than 14 percent.

Hit shows like “Squid Game” and live athletic events like the boxing battle between Mike Tyson and Jake Paul helped the streamer’s results.

Source (CNBC)

SourceCNBC
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