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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 15, 2022
Page
8
Netflix is set to release its latest quarterly results on Thursday with Wall Street forecasting earnings decline but revenue rise for the October-December quarter from a year earlier. Investors will watch subscriber totals and the company’s push into video game streaming as part of a year ending with mixed signals after prior quarters of growth.
Economists forecast the Conference Board leading index rose 0.8 percent in December, following a 1.1 percent increase the prior month. The gauge combines data that have already been reported to predict conditions three to six months ahead.
Robert Cantwell of Upholdings calls the drop in November to December retail sales alarming. The Commerce Department reports a 1.9 percent seasonally adjusted decline, highlighting weakness during a peak retail period.
A late afternoon recovery by technology stocks helped reverse the market's losses Friday though major indexes still fell for a second straight week. The S&P 500 eked out a gain while the Nasdaq also rose modestly.
Parks director Derek Rogers confirms the Heart of Amer Volleyball Tourney will run each weekend in January at Facilities SPL with Kansas State High School Activities Association rules allowing continuation. Masks stay required at rec centers. drop-in pickleball and racquetball resume under conditions with reservations for racquetball online.
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