iStock/Thinkstock(NEW YORK) — Wall Street closed higher Monday with the Dow reaching another record.
The Dow closed up 16.50 (+0.09 percent) to finish at 18,533.05 for a fifth straight record close.
The Nasdaq gained 26.19 (+0.52 percent) to close at 5,055.78, while the S&P 500 closed at 2,166.89, up 5.15 (+0.24 percent).
Crude oil fell nearly 2 percent with prices hitting $45 a barrel.
Netflix: Lower subscriber numbers pushed Netflix’s stock to fall over 14 percent in after hours trading. The streaming service expected to add 2.5 million subscribers in the second-quarter, but only added 1.7 million. In the U.S., Netflix added 160,000 users, lower than the projected 500,000 subscribers.
Fiat Chrysler: A lawsuit obtained by ABC News filed by a Chicago-area Chrysler dealership alleges Fiat Chrysler was offering bonuses to dealership managers if they fudged their sales to claim they sold more cars than they really did. Reports say the lawsuit has led the Department of Justice to investigate the auto-maker, but the DOJ and Fiat Chrsyler have declined to comment to ABC News on the alleged investigation.
Uber: Ride-hailing app Uber announced Monday that the company reached two billion rides in June, less than six months after reaching one billion rides. Uber said 147 rides were tied for the two-billionth trip and the drivers and riders would be rewarded with $450 each to celebrate being in 450 cities around the globe.
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