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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 rose 56 points, or 0.2%, to 34,772, while the S&P 500 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. helped weigh on the Nasdaq in Friday’s session, slumping 20% after delivering a disappointing quarterly report.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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