Tag: Stocks
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Stocks higher but Netflix down due to pandemic receding
Wednesday was a good day for the stock market, with most stocks increasing by afternoon. But Netflix slumped 7% for the biggest decline in the S&P 500, due to slower growth in new subscribers as people are more able to get out of their homes. The Associated Press has the story: Stocks higher Wednesday afternoon,…
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Netflix faces dramatic slowdown in subscribers
As expected, Netflix is not obtaining subscribers as quickly as it was during the early part of the coronavirus pandemic, due to people starting to leave their homes more and finding entertainment away from home. The first quarter of 2021 the company only added 4 million new subscribers, down from 16 during this period last…
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Stocks, S&P 500 rising after bond increases
As the effects of the coronavirus pandemic decrease, the stock market is rebounding. Friday ended a good week as the S&P 500 went up 0.2% and the Dow Jones Industrial Average up 3% as of 2:02 p.m. Eastern. The Associated Press has the story: Tick up in bond yields helps lift bank stocks Major indexes…