Wall Street Climbs as Netflix and Tech Stocks Lead Gains
U.S. markets continue their winning streak, buoyed by Netflix's strong earnings and Chinese economic optimism.
- Netflix shares soared over 11% after reporting better-than-expected earnings, leading the S&P 500 to a 0.4% gain and an all-time high.
- Gold prices reached a record high, surpassing $2,700 per ounce, driven by global economic uncertainties.
- U.S. stocks marked their sixth consecutive week of gains, with tech stocks propelling the Nasdaq higher.
- Chinese economic data showed a 4.6% GDP growth in Q3, boosting shares of Alibaba, JD.com, and Baidu.
- CVS Health shares dropped following a CEO change and a lower-than-expected profit outlook.
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