Stocks open mostly lower as Netflix drags down Nasdaq

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 +1.00% rose 56 points, or 0.2%, to 34,772, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.30% 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 +5.54% helped weigh on the Nasdaq in Friday's session, slumping 20% after delivering a disappointing quarterly report.

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Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

33,093.34

+328.69 +1.00%

Volume: 0.00

May 26, 2023 5:20p

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,205.45

+54.17 +1.30%

Volume: 0.00

May 26, 2023 5:20p

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Netflix Inc.

US : U.S.: Nasdaq

$ 378.88

+19.88 +5.54%

Volume: 9.36M

May 26, 2023 4:00p

P/E Ratio

40.68

Dividend Yield

N/A

Market Cap

$168.43 billion

Rev. per Employee

$2.49M