U.S. stocks end higher Wednesday, with the Nasdaq leading indexes to back-to-back gains

Stocks finished higher on Wednesday, adding to sharp gains booked a day before, with a corporate earnings from a string of major technology companies in focus. The Dow Jones Industrial Average
DJIA,
+0.15%
added about 51 points, or 0.2%, ending near 31,878. The S&P 500 index
SPX,
+0.59%
rose 0.6%, while the Nasdaq Composite Index
COMP,
+1.58%
closed 1.6% higher. Shares of steaming giant Netflix, Inc.
NFLX,
+7.35%
bounced Wednesday after it reported losing only half as many subscribers as feared in the second quarter. Electric vehicle maker Tesla Inc.
TSLA,
+0.80%
is due to report after the market close Wednesday. The raft of tech earnings has given investors something to focus on before next week’s Federal Reserve meeting in which the central bank is expected to fire off another interest rate increase of 75 basis points as it looks to tamp down inflation that hit a 41-year high in June.