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5 things to know before the stock market opens Friday, Jan. 21

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Investors need the following news, analysis and trends to help them start trading:

1. Wall Street seems to have an opportunity to continue its losing streak

Traders are seen working on the New York Stock Exchange’s floor (NYSE) in New York City on January 20, 2022.

Spencer Platt | Getty Images

U.S. stock futuresThe Friday release was with NasdaqAgain, Wall Street is tracking the largest decline in open assimilation NetflixThe slowing growth of subscribers caused shares to plummet in the premarket. Ending Thursday, the Nasdaq was nearly 12% lower than its November record close. It is the S&P 500Also, the closing price dropped 6.5% for the third day in succession. These are the facts Dow Jones Industrial AverageThe stock benchmark closed at 5.6% less than its January record high in January after falling for five consecutive sessions. Stock benchmarks for all three were on paceFor large weekly losses

2. Netflix’s collapse would erase any gains to April 2020

Netflix stock fell 20% on Friday in the premarket. It opened at $410, meaning that it was opening below $410. This price is more than 20 years of losses and 40% less than its peak in November. After Thursday’s earnings report that revealed an after-the bell, investors punished Netflix stock. decline in global paid net subscriber additionsThe fourth quarter was a poor quarter. A worse prediction is for the first quarter.

  • Wall Street worried more about the future, even though Q4 earnings were higher than expected and revenue was matched by video streaming giant.
  • Netflix announced that they are planning to release a heavier content-balanced slate for the first quarter. The big premieres for March will be in this area.

3. CEO of Peloton says that the company is taking “significant corrective measures.”

PelotonIt announced late Thursday that its fiscal second-quarter revenues were will be within its previously forecast rangeAs it takes measures to lower costs and improve profitability. But, it said it received fewer customers in its latest quarter, Dec. 31, than was anticipated.

Stock bounced 8.8% Friday morning in premarket. This was after a nearly 24% drop in regular session. It followed a CNBC Report that the connected equipment manufacturer had temporarily stopped production of treadmills and stationary bikes due to low demand. The Peloton stock’s opening price on Friday would be a 85% decline from January 2021’s record $171.09 high.

4. Intel will build an Ohio chip factory worth $20 billion.

Pat Gelsinger, Intel CEO, at the opening of two new Chandler chip manufacturing plants, Arizona on Friday, September 24, 2021.

Intel Corporation

IntelTwo new Ohio plants will be built to produce advanced chips. The investment is $20 billion the company said FridayThe first step in a new mega-site, which can house 8 chip factories with a combined cost of $100 billion. On the site, which covers 1,000 acres just outside Columbus, the planned investment will provide 3,000 jobs for permanent workers and 7,000 jobs in construction. Intel CEO Pat Gelsinger drives the expansion plans of Intel, particularly in Europe and America, to increase competition and address a global microchip shortage. As part of the turnaround plan, Intel built two Arizona factories.

5. Russia and the United States are far apart over Ukraine’s crisis, as high-ranking diplomats meet

Antony Blinken (US Secretary of State) greets Sergei Lavrov (Russian Foreign Minister), before the meeting in Geneva, Switzerland on January 21, 2022.

Reuters| Reuters

Russia and America are trying to avoidThere is another European conflict. As fears mount that Moscow may be planning to invade Ukraine, top diplomats in both countries cautioned Friday that there was no imminent breakthrough. At what was described by the American as a “critical time”, U.S. Secretary Antony Blinken and Sergey Lavrov (Russian Foreign Minister) met in Geneva. Lavrov described these talks as constructive and beneficial. Moscow demands a commitment that Ukraine, an ex-Soviet republic, won’t be allowed to join NATO. The Russians also want the end of any allied military and troop equipment in Eastern Europe. These demands were rejected by NATO and the U.S. Russia gained control over Ukraine’s Crimean Peninsula in 2014

— Reuters and the Associated Press contributed to this report. All market actions can be followed like a pro. CNBC Pro. The latest information on pandemics is available here CNBC’s coronavirus coverage.

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