Closing Bell: Netflix Scores Star Trek License; New Records for S&P 500
U.S. stocks rose to new records with only slight effort as a rally in tech helped to offset weakness in oil and political uncertainty in Turkey. The S&P 500 and Dow Jones Industrial Average closed at their highest level ever on Monday, just mere points above previous records. A failed attempted coup in Turkey over the weekend dictated the direction of oil. West Texas Intermediate more than one percent on Monday after a key port was found to have been undisturbed by the turmoil, offering no relief to an already-oversupplied market. J.B. Hunt (JBHT) - Get Report slumped after missing quarterly earnings and disappointing with a softer outlook. The freight trucking company now sees full-year sales growth of just seven percent, below a recent range of at least nine percent. Netflix (NFLX) - Get Report has closed a deal with CBS (CBS) - Get Report to stream the new and original Star Trek series. The new series will premiere in January with Netflix streaming each episode within 24 hours of its broadcast.









