US equity markets settled lower after a choppy session - Dow fell -98-points or -0.35% . The broader S&P500 -0.22%, with Energy sector (down -1.99%) leading nine of the eleven primary sectors lower. Communication Services (up +1.2%) and Consumer Staples (+0.12%) were the only primary sectors to advance. The Nasdaq -0.29%. Snap Inc roared +28.3% higher and hit a record all-time high – pushing the Snapchat parent company’s valuation to more than >US$50B – following their third quarter result in the previous session. Facebook Inc rose +4.17% and Twitter Inc +8.39%,. However, Netflix Inc fell -6.92% following their third quarter result after the closing bell of the previous session that recorded a marked slowdown in subscriber growth.
