The S&P 500 and the Nasdaq were set to open lower on Thursday, following mixed earnings from a slew of Wall Street lenders on the last day of a holiday-shortened week, while Twitter shares jumped after billionaire Elon Musk’s takeover offer.
Twitter Inc jumped 6.4 percent in premarket trading after Tesla Inc. CEO Elon Musk offered to buy the social media company for about $41 billion. The electric-car maker’s shares fell 2.0 percent.
Among big banks, Morgan Stanley, Citigroup Inc., and Goldman Sachs Group Inc, rose between 0.9 percent and 1.3 percent on beating analyst expectations for profit despite a sharp drop in first-quarter earnings.
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