US Stock Rally Plows Forward Amid Peak-Rate Bets: Markets Wrap

US Treasuries join worldwide bond rally after UK price data
Shares of Netflix fall after sales forecast misses estimates

Markets in 3 Minutes: BOE 50bps Hike Still Possible After CPISource: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Emily Graffeo and Jennifer Bissell-Linsk

July 18, 2023 at 9:41 PM UTC

Updated on

July 19, 2023 at 8:19 PM UTC

This article is for subscribers only.

US stocks rose on Wednesday as investors cheered cooling inflation in the UK and looked ahead to a kickoff in tech earnings due at the close of New York trading.

After hours, shares of Netflix Inc. fell after a third-quarter sales forecast missed estimates. Tesla Inc. wavered after a second-quarter earnings beat. And International Business Machines Corp. initially fell after missing sales estimates.