The stock market closed bullish, with the Dow up +229 points, S&P 500 +33, Nasdaq +153, and Russell 2000 +27. Bond yields slightly moderated. Business Inventories flat at 0.0%, while Homebuilder Confidence reached 33. Netflix beat earnings estimates, with revenue guidance raised. Interactive Brokers outperformed on both top and bottom lines.

Looking ahead, expect Housing Starts and Building Permits to increase slightly, with Consumer Confidence also expected to rise. Q2 earnings continue, with reports from 3M, Schlumberger, American Express, and more. Next week will see earnings from Alphabet, Intel, Tesla, and others. Zacks Research Chief picks a stock with potential to double.

Read more at Nasdaq: Markets Reach New Closing Highs, Netflix Beats on Q2 Earnings