Wall Street rises as Netflix boosts tech, internet stocks

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 6.3 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.

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