The Nasdaq 100 futures rises 1.5%

The Nasdaq 100 Futures rises 1.5% on Wednesday after Netflix surged in late trading on better-than-expected results. US stock futures also increased. S&P 500 futures increased by 1%, and Dow futures increased by 0.6%. Due to excellent subscriber growth, beating earnings and revenue expectations, and prolonged trading, Netflix increased 14%. US equities increased for a second day in a row on Tuesday during regular trading, with the Dow increasing 1.12%, the S&P 500 rising 1.14%, and the Nasdaq Composite rising 0.9%. These actions followed a strong start to the corporate earnings season, albeit analysts are now downgrading their earnings predictions because of recessionary worries. There are still dangers associated with both aggressive monetary tightening and skyrocketing inflation. Investors are now anticipating more earnings reports on Wednesday from Tesla and IBM, among others, as well as US housing starts data and the Federal Reserve’s Beige Book.