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 Netflix Inc. reported a dramatic slowdown in new subscribers Tuesday and widely missed earnings expectations, sending shares on a plunge in after-hours trading.
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U.S. stocks ended with gains Tuesday, but well off session highs after negotiations on a new round of fiscal stimulus appeared to be making progress with the Trump administration and House Democrats continuing to talk.
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 U.S. stocks closed higher Tuesday as investors remained optimistic about the prospects of additional fiscal aid from Washington. The Dow Jones Industrial Average added about 113 points, 0.4%, to close near 28,308, according to a preliminary reading, while the S&P 500 gained 16 points, 0.5%, closing near 3,443. The Nasdaq Composite was up 38 points at the close, a gain of 0.3%, at 11,516. House Speaker Nancy Pelosi on Tuesday downplayed an earlier deadline she'd set to conclude negotiations over a stimulus package, as Democrats and Republicans continued to speak. Meanwhile, corporate earnings remain mixed: Shares of grocery chain Albertsons Cos. Inc. jumped nearly 6% after reporting better-than-expected earnings and offering bullish guidance. But International Business Machines Corp. said its revenue fell in the third quarter.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Netflix Inc. reported a dramatic slowdown in new subscribers Tuesday and widely missed earnings expectations, sending shares on a plunge in after-hours trading.
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The number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed to 40.6 million on Tuesday, amid continued rises in cases in Europe and the U.S., and a World Health Organization official urged governments to emulate actions taken in those regions that have succeeded in getting the deadly illness under control.
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Americans have slowly become more disillusioned with the Supreme Court over the past three decades.
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The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 40.4 million on Tuesday, according to data aggregated by Johns Hopkins University, while the death toll rose above 1.1 million. The U.S. has the highest case total at 8.2 million and deaths at 220,133. President Donald Trump on Monday called Dr. Anthony Fauci, head of the National Institute for Allergies and Infectious Diseases and considered the nation's leading infectious-disease expert, a "disaster" on a campaign call and on Twitter and said, "People are tired of hearing Fauci and all these idiots."
Brazil has the second highest death toll at 154,176 and is third by cases at 5.3 million. India is second in cases with 7.6 million, and third in deaths at 15,197. Mexico has the fourth highest death toll at 86,338 and ninth highest case tally at 854,926. The U.K has 43,816 deaths, the highest in Europe and fifth highest in the world, and 744,122 cases.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Netflix reported third-quarter earnings after market close on Tuesday.
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Stocks are being driven higher at the start of the week by the same old hopes of a new U.S. stimulus deal.
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Washington economic stimulus talks look to go on for at least a bit longer, as House Speaker Nancy Pelosi edged away from a previous stance that today could be the end of the line for them, one way or another.
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A top official at the Federal Reserve Bank of New York said Tuesday that modest corporate central bank bond purchases have helped the U.S. financial system spring back to life, benefited the economy and haven't caused any notable signs of excessive risk taking in markets.
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Some Wall Street strategists make the case that two weeks shy of the Nov. 3 election, some narrowing of recent chances for a victory in the presidential race by former Vice President Joe Biden against incumbent Donald Trump is causing some pause among investors.
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Theme parks such as Disneyland and Disney California Adventure, both in Anaheim; Universal Studios Hollywood in Universal City; Knott's Berry Farm in Buena Park; and Six Flags Magic Mountain in Valencia, will not be allowed to open until their county is in the "yellow" tier, the least-restrictive of the state's four-tiered system guiding reopenings.
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Texas Instruments Inc. TXN shares rose in the extended session Tuesday after the chip maker's results and outlook topped Wall Street's estimates. Texas Instruments shares rose 2% after hours, following a less than 0.1% advance in the regular session to close at $150.83. The company reported third-quarter net income of $1.35 billion, or $1.45 a share, compared with $1.43 billion, or $1.49 a share, in the year-ago period. Revenue rose to $3.82 billion from $3.77 billion in the year-ago quarter, driven by a rebound in auto chip and personal electronics sales. Analysts surveyed by FactSet had forecast earnings of $1.28 a share on revenue of $3.44 billion, while Texas Instruments had forecast earnings between $1.14 and $1.34 a share on revenue of $3.26 billion to $3.54 billion for the third quarter. In the fourth quarter, Texas Instruments expects earnings of $1.20 a share to $1.40 a share on revenue of $3.41 billion to $3.69 billion , compared with an analyst consensus of $1.19 a share on revenue of $3.33 billion.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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The Los Angeles Dodgers and the Tampa Bay Rays will meet in a World Series matchup after one of the strangest baseball seasons in history.
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DOJ lawsuit against Google is 'almost an exact copy' of Microsoft case, says antitrust professor CNBCLawmakers hail DOJ antitrust lawsuit against Google as 'long overdue' Fox NewsGoogle responds to DOJ antitrust lawsuit Fox BusinessGoogle Accused of Abusing Market Power in Landmark U.S. Case Seattle TimesCramer: DOJ targeting Google for antitrust violation is 'another loser case' CNBC Television
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The Tampa Bay Rays have three players potentially eligible for free agency following the World Series, including Charlie Morton, while Justin Turner tops the Los Angeles Dodgers' list of seven players who could test the open market.
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Gold futures edge higher amid progress toward COVID-19 vaccines and a long-sought fresh round of coronavirus relief for American workers and businesses hobbled by the pandemic.
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Snap stock rockets 20% after surprise profit and huge revenue beat MarketWatchView Full Coverage on Google News
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