Stocks finished the day down slightly, with the S&P 500 posting a three-day losing streak, as a brief rebound in tech stocks failed to float markets back to the green.
ADVERTISEMENT
STOCKS FALL: Here's what you need to know
Stocks finished lower as a tech rebound failed to lift markets.
ADVERTISEMENT
Snap in particular got a much needed boost, gaining more than 9% after Barclays said the stock was at a "turning point" and could reach $18.Still, CCredit Suisse says the brief tech lull could be a great time to buy the sector.
Here’s the scoreboard:
- S&P 500
- Dow
- Nasdaq
- Oil
- 10-year treasury bond:
ADVERTISEMENT
In other news…
- blew past another record high
- as JPMorgan touted its potential as an 'emerging asset class'
- not going to start selling prescription drugs after all
- Bank of America
- thinks its stock is cheap. And
- to show you that it's serious, the firm plans to buy back more of its own shares.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Congo is spending 22% of its scarce revenue on security - Minister
Another African country is set to get a Russian embassy
Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future
10 African countries with the most troubling external debt in 2024
10 African countries with the least soft power influence over the world
Kenyan government rejects calls to ban TikTok, recommends tighter control over
Congo accuses Apple of conflict minerals in its supply chain
Top 10 African countries with the highest fuel prices in April 2024