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Nasdaq dragged down by Snap as stocks open mostly higher

Posted on July 22, 2022 By MarketWatch.com - MarketPulse

Stocks opened mostly higher Friday, but saw the Nasdaq Composite dragged down by a plunge for shares of social-media platform Snap Inc. The Dow Jones Industrial Average rose 124 points, or 0.4%, to 32,160, while the S&P 500 traded near unchanged after opening with a small gain. The Nasdaq Composite shed 0.4%, while Snap shares dropped 34% in early activity, dragged down after the company reported disappointing results after Thursday's closing bell.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

>>> Read the full story at MarketWatch.com - MarketPulse

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