US stocks P and Nasdaq by Netflix to boost up the Dow for Johnson and Procter &a
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U.S. stocks were mixed on Tuesday, Netflix (Netflix) strong performance, helping to boost the NASDAQ and S & P index rose, but the Dow by Johnson and Procter & Gamble (R, P&G) dragged down slightly lower.
NFLX.O, a video streaming media, touched a record high of $257.71, up 9.98% to $250.29, making the company's market capitalization break through the billions of dollars. The number of new users in the fourth quarter of 2017 exceeded the target of Wall Street analysts in the fourth quarter of 2017.
Alphabet shares of Facebook, apple, Amazon and Google are also high. The five big science and technology stocks are called the "FAANG" portfolio.
Insurer Travelers (TRV.N) brought the biggest boost to the Dow, with a 4.96% rise in the stock price, after which it announced more than expected earnings.
"The recovery so far appear as," Minsheng Street "(Main Street) performed well, the world each economy performed well, so far, there are no significant signs of real inflation or interest rates showed an obvious problem, could prompt the need to adjust the valuation," The Leuthold, chief investment strategist at Group Jim Paulsen said.
However, Paulsen warns that as the stock market continues to rise, the challenges are more severe and may lead to a fall. "If the market really falls back, it will be a big correction," he said.
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