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NEW YORK (Reuters) - U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s (NFLX.O) plans to raise fees for U.S. subscribers and hopes of more stimulus for China’s slowing economy fostered a risk-on mood among investors. Netflix shares jumped 6.5 percent after the video streaming company said it was raising prices for its U.S. subscribers. Other internet stocks, including shares of Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O), also rose following the announcement.

The S&P 500 communication services index .SPLRCL, which includes Netflix and Alphabet, climbed 1.7 percent, S&P 500 technology stocks .SPLRCT advanced 1.5 percent, Stocks also found support from cufflink shirt with blazer hints by Chinese officials at more stimulus in the near term, easing concerns about a slowdown in the world’s second-largest economy, “We’ve had good news today overall,” said J.J, Kinahan, chief market strategist at TD Ameritrade in Chicago, “China is helping to defuse the daily emotional roller-coaster that is tariffs, and that Netflix thinks it can raise its subscription prices is also really good.”..

Wall Street’s major indexes briefly pared some gains after the British parliament defeated Prime Minister Theresa May’s Brexit divorce deal by a wide margin. The rejection of the deal could lead to a disorderly exit from the European Union or even to a reversal of the 2016 decision to leave the EU. The S&P 500 and the Nasdaq still closed near the session’s highs, however. “No one was expecting anything great from the Brexit outcome,” said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. “The market was able to shrug this off.”.

The Dow Jones Industrial Average .DJI rose 155.75 points, or 0.65 percent, to 24,065.59, the S&P 500 .SPX gained 27.69 points, or 1.07 percent, to 2,610.3 and the Nasdaq Composite .IXIC added 117.92 points, or 1.71 percent, cufflink shirt with blazer to 7,023.83, Earlier in the day, gains were capped by disappointing earnings reports from big U.S, banks, JPMorgan Chase & Co (JPM.N), the largest U.S, bank by assets, missed quarterly profit estimates due to a slump in bond trading revenue, while Wells Fargo & Co (WFC.N) said its loan book shrank and quarterly revenue fell in all of its major businesses..

JPMorgan shares erased the early losses and ended 0.7 percent higher. Wells Fargo shares pared losses to end 1.5 percent lower. Health insurer UnitedHealth Group (UNH.N) jumped 3.6 percent and was the top gainer on the Dow after reporting better-than-expected quarterly profit. UnitedHealth shares helped boost the S&P 500 healthcare index 1.7 percent. Analysts expect S&P 500 profits to have grown 14 percent in the fourth quarter, much lower than the 20.1 percent growth forecast in October, according to IBES data from Refinitiv.

(Reuters) - PG&E Corp’s shares and bonds fell sharply for a second day on Tuesday, as a failure to make interest payments by the California power utility added to investor nerves following the company’s plans to seek Chapter 11 bankruptcy protection, The state’s biggest private cufflink shirt with blazer utility’s shares have lost 71 percent of their value since the start of January, when the company began exploring options for protection from claims its equipment was responsible for California’s catastrophic wildfire in November..

PG&E’s shares lost 52 percent of their value on Monday after the company said it was preparing to file for Chapter 11 protection, and they closed down 18 percent on Tuesday. PG&E missed interest payment of about $21.6 million of its 2040 bond due Tuesday, per regulatory filing and the company said it has a 30-day grace period to make the interest payment. California politicians are in a quandary over whether to offer a bailout or risk allowing the state’s largest private utility to fail.

Governor Gavin Newsom, a Democrat, told reporters late on Monday his team was discussing the possibility of helping PG&E stay solvent, but no decisions had been made, PG&E said on Tuesday that Rothschild Inc banker Roger Kimmel had resigned from the company’s cufflink shirt with blazer board, adding only that the resignation did not involve any disagreement on any matter relating to its operations, Rothschild did not respond to a Reuters request for comment, PG&E, which provides electricity and natural gas to 16 million customers in northern and central California, faces widespread litigation, government investigations and liabilities that could potentially exceed $30 billion due to the fires..