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S&P 500 Gains and Losses Today: Netflix Lifted by Ad-Supported Subscriber Numbers

The S&P 500 declined 0.07% on Thursday, Jan. 11, 2024, as markets finished flat following a hotter-than-expected inflation report.
Netflix shares jumped after reports of 23 million ad-tier subscribers, which also sent Paramount and Warner Bros Discover shares lower.
AT&T shares fell after a report that Environmental Protection Agency officials want to meet with company executives regarding an investigation into hazards created by lead-coated phone lines.

Read more about what moved the markets today

Lucid Shares Fall to All-Time Low on Tumbling Production, Deliveries

Luxury electric carmaker Lucid Group Inc. reported production and deliveries in the fourth quarter tumbled from a year ago.

Google Lays Off Hundreds of Workers Across Assistant, AR, and Devices Teams to Cut Costs

Google is laying off hundreds of employees across several teams as the tech giant cuts costs.

Inflation Accelerated in December, Dimming Hopes For Imminent Fed Rate Cut

The battle against inflation took a wrong turn in December, when consumer price increases accelerated for the first time in three months.

Freddie Mac Mortgage Rates Edge Up to 6.66% Average

The recent descent of mortgage rates was interrupted for a second week, as the average rate ticked upward again.

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