Stocks turned green in early trade on Wall Street Wednesday but were pulled back by streaming services giant Netflix, which lost over 35% of its value after reporting its first subscriber loss in over a decade and predicting further losses next quarter.

The S&P 500 rose 0.1% as of 10:17 am Eastern time zone. The Dow Jones Industrial Average rose 224 points or 0.6%, to 35,135. The Nasdaq fell 0.7% to 13,514.20.

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After helping to drive the market higher a day earlier, big tech companies were again driving the market higher. IBM jumped 5.8% after reporting strong financial results. Chipmaker Intel surged 1%.

Netflix tumbled 34% after it suffered its first subscriber loss in more than a decade. The company expects a steeper decline during the current quarter. It is also considering changes to its business model, including controlling password sharing and creating a low-cost subscription supported by advertising.

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Banks and household product makers also made solid gains. Bank of America gained 1%. Procter & Gamble rose 3% after beating analysts’ quarterly earnings forecasts.

Bond yields fell. The yield on the 10-year Treasury declined to 2.88% from 2.91%.

US crude was stable on Wednesday, but is up 36% for the year and has been pushing gasoline prices higher. Across the globe, wheat prices are up 40% for the year, which could increase the price of a wide range of food products.

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Investors continue examining the latest round of company financial reports as they try to project how companies are dealing with rising inflation and cost pressures. Railroad operator CSX, electric vehicle maker Tesla and United Airlines will announce their results later Wednesday. American Airlines and Union Pacific will announce results on Thursday.