NEW YORK, NY / ACCESSWIRE / January 22, 2018 / U.S. markets rebounded on Friday, posting a weekly gain, as positive earnings outweighed worries of a government shutdown. The Dow Jones Industrial Average was up 0.21 percent to close at 26,071.72, while the S&P 500 Index increased 0.44 percent to close at 2,810.30. The Nasdaq Composite Index gained 0.55 percent to close at 7,336.38. Both the Dow Jones and Nasdaq rose approximately 1 percent for the week, while the S&P 500 recorded 0.9 percent gain.

"I would characterize a shutdown as just the kind of political news that the market has demonstrated, over the past year, a willingness to ignore," said Hank Smith, co-chief investment officer at Haverford Trust. According to Smith, "the market is reacting to GDP growth both here and abroad; corporate profits, which are growing by double-digit rates and are healthy; interest rates that remain low despite a gradual uptick; and benign inflation."

RDI Initiates Coverage on:

Netflix, Inc.
https://rdinvesting.com/news/?ticker=NFLX

Starbucks Corporation
https://rdinvesting.com/news/?ticker=SBUX

Netflix's stock edged 0.06% higher Friday, to close the day at $220.46. The stock recorded a trading volume of 10,548,567 shares, which was above its three months average volume of 6,181,226 shares. In the last year, Netflix's shares have traded in a range of 137.03 - 226.07. The share price has gained 60.88% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $198.26 is greater than its 200-day moving average of $186.56. Shares of the company are trading at a trailing Price to Earnings ratio of 220.24. Shares of Netflix have gained roughly 16.88 percent in the past month and are up 14.85 percent year-to-date.

Access RDI's Netflix, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NFLX

On Friday, shares of Starbucks Corporation recorded a trading volume of 8,361,853 shares, which was below the three months average volume of 8,975,531 shares. The stock ended the day 0.28% higher at 61.26. The share price has gained 16.51% from its 52 week low with a 52 week trading range of 52.58 - 64.87. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $58.95 is greater than its 200-day moving average of $56.34. Shares of the company are trading at a trailing Price to Earnings ratio of 31.10. Shares of Starbucks have gained roughly 6.39 percent in the past month and are up 6.67 percent year-to-date.

Access RDI's Starbucks Corporation Research Report at:
https://rdinvesting.com/news/?ticker=SBUX

Our Actionable Research on Netflix, Inc. (NASDAQ :NFLX) and Starbucks Corporation (NASDAQ :SBUX) can be downloaded free of charge at Research Driven Investing.

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