Wall Street rises as Amazon and Netflix hit record highs

Posted on AllSides April 16th, 2020
From The Center

U.S. stocks rose on Thursday as Amazon.com Inc (AMZN.O) and Netflix Inc (NFLX.O) surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings.

Amazon.com rose 4.4% and Netflix climbed 2.9% as sweeping stay-at-home orders drove demand for online streaming services and home delivery of goods.

The shutdown in New York was extended until May 15, even as coronavirus-related hospitalizations and deaths fell to their lowest in more than a week, adding to evidence that the hardest-hit state was controlling...

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Reuters

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https://www.reuters.com/article/us-usa-stocks/wall-street-rises-as-amazon-and-netflix-hit-record-highs-idUSKCN21Y1E4

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