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Jan. 21, 2022, 9:38 a.m. EST

Stocks open mostly lower as Netflix drags down Nasdaq

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By William Watts

Stocks opened mostly lower Friday, on track for a hefty weekly loss as the Nasdaq Composite pushes deeper into correction territory. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.60% rose 56 points, or 0.2%, to 34,772, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.95% was off 0.1% at 4,477. The Nasdaq was down 0.2% at 14,126, bringing it down more than 5% for the week. The Nasdaq earlier this week entered correction territory, falling more than 10% from its record high set in November. Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX +4.15% helped weigh on the Nasdaq in Friday's session, slumping 20% after delivering a disappointing quarterly report.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
32,120.28
+191.66 +0.60%
Volume: 348.46M
May 25, 2022 5:35p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,978.73
+37.25 +0.95%
Volume: 2.33B
May 25, 2022 5:35p
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/zigman2/quotes/202353025/composite
US : U.S.: Nasdaq
$ 187.83
+7.49 +4.15%
Volume: 8.52M
May 25, 2022 4:00p
P/E Ratio
17.05
Dividend Yield
N/A
Market Cap
$80.12 billion
Rev. per Employee
$2.69M
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