Wall Street Opens Lower as Netflix Disappoints

By Reuters
Reuters
Reuters
January 21, 2022 Updated: January 21, 2022

Wall Street’s main indexes opened lower on Friday and were on course for their at least third straight week of declines, after a weak forecast from Netflix sent shares of the streaming company and its peers spiraling down.

The Dow Jones Industrial Average fell 13.70 points, or 0.04 percent, at the open to 34,701.69. The S&P 500 opened lower by 11.35 points, or 0.25 percent, at 4,471.38, while the Nasdaq Composite dropped 107.80 points, or 0.76 percent, to 14,046.22 at the opening bell.

Reuters