S&P 500, Nasdaq Set for Muted Open After Mixed Bank Earnings; Twitter Jumps

S&P 500, Nasdaq Set for Muted Open After Mixed Bank Earnings; Twitter Jumps
A Wall Street sign outside the New York Stock Exchange in the Manhattan borough of New York, on April 16, 2021. Carlo Allegri/Reuters
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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.