Netflix jumps 6%, Dow ends higher; check top stock movers in the US market

Share Market Today In The US
The Dow Jones jumped 2.43% to 31,827.05 to end near the highs of the session. Better than expected earnings from Lockheed Martin, J&J among other boosted sentiments. The S&P 500 gained 2.76% to 3,936.69. The Nasdaq Composite rose 3.11% to 11,713.15. All three major averages are above their 50-day moving averages for the first time since April.
Top Gainers and Losers in US Stock Market Today
Amazon jumped 4%: Amazon share price extended gains amid positivity in Big Tech stocks at Nasdaq over anticipation of strong sales growth during June quarter's earnings release.
ARK Genomic Revolution ETF jumped 5%: ARK Genomic Revolution ETF jumped tracking the gains in underlying pharma stocks of Beam, Intellia, Twist etc.
ARK Innovation ETF jumped 4%: ARK Innovation ETF jumped tracking the gains in underlying growth stocks of Zoom, Beam, Block, and Intellia etc.
Coinbase shot up 12%: Coinbase share price bounced tracking the jump in the prices of cryptocurrencies including Bitcoin, Ethereum, and dogecoin etc.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shot up 8%: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shot up tracking the gains in oil and gas stocks amid the volatility in oil prices.
Direxion Daily Semiconductor Bull 3X ETF shot up 14%: Direxion Daily Semiconductor Bull 3X ETF rallied tracking the gains in semiconductor stock such as Nvidia, AMD, and Qualcomm.
Direxion Daily Technology Bull 3X Shares shot up 9%: Direxion Daily Technology Bull 3X ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.
Facebook (Meta) jumped 5%: Facebook (Meta) share price jumped amid positive sentiments in Tech stocks, increase in investment by a large hedge fund - Corundum.
First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund: First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.
Ford jumped 5%: Ford share price rallied sharply along with other auto stocks over strong sales expectations in June quarter, earnings release in next week.
IBM sank 5%: IBM fell sharply post a warnings of $3.5 billion loss in 2022 due to US dollar (forex) volatility.
Invesco NASDAQ 100 ETF: Invesco NASDAQ 100 ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.
Invesco QQQ Trust Series 1: Invesco QQQ Trust Series 1 ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.
Netflix gained 6%: Netflix jumped ahead of earnings release. Post market earning release indicated lesser loss of subscriber, plans of early launch of Ad-supported subscription plans.
Nio fell 3%: Nio share price fell after a spike in COVID-19 cases sparked additional fears of a continued economic slowdown, concerns of delayed electric vehicle production.
ProShares Bitcoin Strategy ETF shot up 9%: ProShares Bitcoin Strategy ETF spiked tracking the gains in Bitcoin prices and trading volumes.
ProShares Ultra Semiconductors shot up 9%: ProShares Ultra Semiconductors rallied tracking the gains in semiconductor stock such as Nvidia, AMD, and Qualcomm.
ProShares UltraPro S&P 500 ETF shot up 8%: ProShares UltraPro S&P 500 ETF jumped sharply tracking the gains in S&P 500 index's Tech and energy stocks.
Shopify gained 6%: Shopify gained sharply after declaring partnership with YouTube for enabling sales of Shopify-listed products on YouTube videos,
Tesla gained 2%: Tesla share price jumped ahead of earnings release on Wednesday, strong sales expected amid supply concerns from China.
Vanguard S&P 500 Growth ETF: Vanguard S&P 500 Growth ETF jumped sharply tracking the gains in growth stocks from Tech and energy sectors.
What happened in the US market?
US stocks closed higher. Dow up 2.43%, SP 500 gained 2.76%, Nasdaq jumped 3.11%.
Which sectors gained, and which fell?
All major sectors closed higher on Tuesday. Communication services and industrials led the gains, rising more than 3%.
Any stock specific action?
IBM fell 5.3% after the tech company lowered its forecast for cash flow.
What happened to Netflix?
Netflix rallied 6% ahead of the streaming company’s earnings report scheduled for after the close.