reuters.com/article/usa-stocks-idTRNIKBN2HC14L
The benchmark index hit an intraday record for the second straight session. The Dow was set for weekly gains of 1.8%, extending a bullish run for the third consecutive week. The Nasdaq was pressured after social media giants including Facebook tumbled on Apple privacy tweak worries. Facebook Inc fell 5.0% and Twitter Inc lost 3.2% after Snap Inc said privacy changes by Apple on iOS devices hurt the company’s ability to target and measure its digital advertising.Snap plummeted 22.9% on the news and cast doubts over quarterly reports next week from Facebook and Twitter. The Dow Jones Industrial Average was up 118.92 points, or 0.33%, at 35,722.00. The S&P 500 was up 2.48 points,or 0.05%, at 4,552.26, and the Nasdaq Composite was down 58.83 points,Or 0.39%, at 15,156.87. Mattel Inc gained 0.8% after it raised its 2021 sales forecast.
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