Tech and consumer-focused companies rise; Netflix leaps
January 24, 2018
NEW YORK (AP) — Technology and consumer-focused companies led U.S. stocks to more records Tuesday. Netflix, at the center of both groups, soared after saying it gained more than 8 million subscribers at the end of 2017.
Bond prices rose and yields fell after the Bank of Japan said it isn't cutting back its stimulus programs. Yields had reached long-time highs, and the decline helped high-dividend companies like utilities and real estate investment trusts. Health care and household goods companies fell after Johnson & Johnson and Procter & Gamble gave disappointing quarterly reports.
U.S. solar...
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