US: Wall Street opens lower as Netflix disappoints

[NEW YORK] Wall Street's main indexes opened lower on Friday (Jan 21) and were on course for their at least 3rd straight week of declines, after a weak forecast from Netflix sent shares of the streaming company and its peers spiralling down.

The Dow Jones Industrial Average fell 13.70 points, or 0.04 per cent, at the open to 34,701.69.

The S&P 500 opened lower by 11.35 points, or 0.25 per cent, at 4,471.38, while the Nasdaq Composite dropped 107.80 points, or 0.76 per cent, to 14,046.22 at the opening bell.

REUTERS