Most Stocks Gain in Seesaw Session as Bonds Rally: Markets Wrap
- Netflix craters after streaming giant reports subscriber drop
- Tesla, United Airlines gain postmarket after posting earnings
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Most U.S. stocks rose with earnings in focus, while Treasuries rallied as a growing chorus of money managers said inflation is nearing a peak and rate-hike bets are overdone.
After a roller-coaster session, the S&P 500 ended little changed with eight of 11 industry groups advancing. Procter & Gamble Co. and International Business Machines Corp. climbed after reporting better-than-estimated results.