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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Nasdaq Spirals as Netflix Nosedives

Netflix Stock Market American Express AXP Dow Super Micro Computer
Netflix logo on smartphone sitting on computer keyboard.

A sharp selloff in tech and communications services stocks weighed on market sentiment Friday, though solid earnings results for a blue chip credit card company kept the Dow Jones Industrial Average above water. And the volatility could continue next week thanks to a barrage of Big Tech earnings and a key inflation update.  

At the close, the Dow was up 0.6% at 37,986 thanks to a post-earnings pop for American Express (AXP). 

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