Wall Street

Stock Market Today – 7/22: Stocks Mixed As American Express Boosts Dow, Snap Warning Rattles Tech

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The Street

By Martin Baccardax Recession fears, alongside a pointed warnings on social media ad spending, has stocks trading mixed heading into the Friday open. U.S. equity futures pointed to a mixed open on Wall Street Friday, while bond yields slumped firmly lower, as investors picked through a disappointing quarterly earnings report from message app maker Snap Inc., its ripple-effect on social media stocks and the ongoing uncertainty linked to global economic growth. Snap, which makes the popular Snapchat messaging app, posted its slowest revenue growth rate on record late Thursday and cautioned that …

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