Strong jobs report, calming words from Fed's Powell power stocks to big gains [MarketWatch]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: MarketWatch
Stocks surge after robust jobs report and dovish Powell remarks U.S. stocks surged higher on Friday, buoyed by a better-than-expected jobs report for December and dovishly interpreted remarks by the chairman of the Federal Reserve. The Dow Jones Industrial Average DJIA, +3.29% climbed more than 700 points, or 3.3%, the S&P 500 SPX, +3.43% finished up 3.4% and the Nasdaq Composite COMP, +4.26% was the best-performing major index, closing up 4.3%. Before the market open the Bureau of Labor Statistics said the U.S. economy added 312,000 jobs in December. Economists polled by MarketWatch were expecting an increase of 182,000. Stocks received a further boost when Federal Reserve Chairman Jerome Powell said during a panel discussion that the central bank "will be patient as we watch to see how the economy evolves." Investors had become concerned that rising interest rates were weighing on equity prices. In company news, shares of Netflix Inc. NFLX, +9.72% rose more than 9% after
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News
- What To Watch This Weekend: New TV Shows And Movies To Stream On Netflix, Hulu, Prime Video And More [Forbes]Forbes
- YouTube was the real hero of Google's Q1 earnings, and it should set off alarm bells at Netflix [Fortune]Fortune
- The 10 Best New Movies On Netflix In April 2024 (Updated) [Forbes]Forbes
- Entertainment Company CEOs Saw Raises Almost Twice As Large As The Average Executive, New Data Shows [Forbes]Forbes
- ‘Fallout,' ‘Girls5eva' and more streaming recommendations for your weekend [Los Angeles Times (CA)]Los Angeles Times
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 4/22/24 - Form 10-Q
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- NFLX's page on the SEC website