Nasdaq Rises on CSX Strength, But Peloton Still Looks Winded

Nasdaq Rises on CSX Strength, But Peloton Still Looks Winded

At 11:30 a.m. EDT the Nasdaq Composite (NASDAQINDEX: ^IXIC) had managed to gain more than half a percent on the day, clawing back some of its declines on Monday and Tuesday. The rise came despite considerable downward pressure on the Nasdaq from Netflix, whose earnings report late Tuesday sent its stock down sharply. Railroad company CSX (NASDAQ: CSX) reported encouraging results that sent its stock sharply higher.