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.
Stocks open mostly lower as Netflix drags down Nasdaq
Latest posts by Market Watch (see all)