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U.S. stocks ended higher Wednesday, snapping a two-session losing streak, despite concerns over global COVID-19 infections rising and Netflix Inc. reporting disappointing subscriber numbers.

Chipotle Mexican Grill Inc. zooms past Wall Street expectations for its first quarter, saying new menu items, ongoing strength for its online orders, and a tailwind from stimulus checks pushed sales more than 20% higher.

The recent rise in Covid-19 cases in the U.S. has largely been driven by a handful of states, many of them the same places that first emerged as hot spots a year ago. Through Monday, about 75% of the previous week’s new cases in the U.S. came from Michigan, Florida, New York, Pennsylvania and New Jersey.

Netflix Inc. was one of the biggest winners in the early days of the pandemic, as people sheltered in place and turned to streaming content, but subscriber momentum has slowed more than a year into the COVID-19 crisis.