Apple Inc. opened lower on Tuesday after spiking up 3.86 percent on Monday in a relief bounce that led the S&P 500 to 1.39 percent higher.
Stocks in the broader technology sector are being dragged down on Tuesday by Snap Inc. after a Form 8-K filing was released on Monday showing Snap forecasts its second-quarter revenues to come in under the lowest range of its guidance issued on April 21.