Tuesday, October 22, 2013 5:14 pm
News Summary: Stocks hit record on stimulus hopes
The Associated Press
EARNINGS BOOST: Investors were also encouraged by strong earnings from major U.S. companies such as Whirlpool, Delta Air Lines and Kimberly-Clark.
REALITY CHECK: Netflix fell the most in a year, even after the company said that its earnings had quadrupled in the third quarter. Some analysts say that the stock's 248 percent gain this year is excessive given that the company faces a number of challenges, such as rising content costs and stiff competition.