Stock Markets Fall Back Despite Rising Snowflake; Twitter Gets an Upgrade

Stock Markets Fall Back Despite Rising Snowflake; Twitter Gets an Upgrade

Despite a strong earnings report from Nike (NYSE: NKE), the Dow Jones Industrial Average (DJINDICES: ^DJI) wasn't able to hold its opening gains. Recent IPO Snowflake (NYSE: SNOW) showed the staying power of its stock by moving significantly higher Wednesday morning. Shares of Snowflake picked up more than 6% Wednesday morning.