US stocks closed higher on Friday, with the S&P 500 and Dow Jones snapping a three-day losing streak.
The Dow and S&P 500, however, lost 2.7% and 0.66%, respectively last week, while the Nasdaq added 0.55%.
The US Federal Reserve is widely expected to increase rates by 25 basis points at its February 1 policy announcement.
Netflix, Inc. (NASDAQ: NFLX) shares jumped nearly 8.5% on Friday before settling at their highest level since April 19, 2022, when shares plunged after the company reported its first loss in net paid subscriber adds in a decade.
Warner Bros. Discovery Inc (NASDAQ: WBD) shares are trading higher by 3.49% to $12.90 during Friday's session. Shares of several companies with streaming exposure, including Warner Bros.
Gainers
Helbiz, Inc. (NASDAQ: HLBZ) shares jumped 133.1% to $0.2870. Helbiz recently announced discontinuation of operations in non-profitable markets.