How major US stock indexes fared Wednesday, 1/24/2024

How major US stock indexes fared Wednesday, 1/24/2024

SeattlePI.com

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Wall Street ended mixed after strong gains for Netflix and some influential technology stocks helped offset losses across much of the U.S. stock market. The S&P 500 edged up 0.1% Wednesday. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite added 0.4%. Stocks elsewhere around the world rose after China announced measures to boost what’s been a disappointingly weak recovery for the world’s second-largest economy. Treasury yields were mixed after a preliminary report suggested growth for U.S. business output is accelerating, while inflation pressures may be easing. Netflix jumped after reporting bigger-than-expected subscriber gains.

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