The Market update for my investor friends: Markets ended the - TopicsExpress



          

The Market update for my investor friends: Markets ended the day down slightly. The Dow (DJI) ended the day down 26.08 points or 0.16% to 16,276.69. The Nasdaq (IXIC) closed at 4,226.39 or 1.2% lower. And the S&P 500 (GSPC) ended the day 0.5% lower at 1,857.44. Netflix (NFLX), the S&P’s biggest gainer in 2013 was down as low as $368.60 today on news of talks between Apple (AAPL) and Comcast (CMCSA) to create a streaming service via a set-top box. The Wall Street Journal reported the Apple / Comcast venture would carry live and on-demand programming, as well as video stored in the cloud. Netflix users currently pay $8 a month on top of their cable bills. Any deal that could put Apple TV in your set top box would be a natural threat to their business. Netflix closed at $378.90 or down 6.67%.
Posted on: Tue, 25 Mar 2014 02:01:34 +0000

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