Market Recap: Wednesday, April 21: Stocks jump as reopening trade pulls higher

Market Recap: Wednesday, April 21: Stocks jump as reopening trade pulls higher

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Stocks rose on Wednesday and looked to rise for the first time in three sessions. The S&P 500 and Dow each reversed earlier losses to trade higher. The Nasdaq also rose even as shares of Netflix weighed on the index. Netflix sank 8% after the company reported first-quarter subscriber growth that sharply missed expectations, suggesting the boost the tech company received while people were at home during the pandemic was rapidly unwinding. Anastasia Amoroso, Head of Cross-Asset Thematic Strategy at J.P. Morgan Private Bank and Riverfront Investment Head of Global Strategy, Doug Sandler, joined Yahoo Finance Live to discuss.

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