Nasdaq Climbs Despite Netflix Woes; PayPal Joins the Bitcoin Boom

Nasdaq Climbs Despite Netflix Woes; PayPal Joins the Bitcoin Boom

The stock market has gotten increasingly volatile lately, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the focal point for many investors. After pushing to a nearly 1% gain early on, the Nasdaq fell into negative territory briefly before posting gains of around 0.25% at 2:30 p.m. EDT. There were several countervailing trends affecting the Nasdaq on Wednesday.