NASDAQ has been trading in positive bias from last three consecutive days in a row but on Thursday it slipped in following record rally. These three consecutive record closing high was adding fuel to a global equity market still looking for the signs that coordinated economic growth. The reason behind it is the news that the U.S. struck a deal with Chinese handset market ZTE Corp, according to U.S. Commerce Secretary Wilbur Ross.
Amazon.com Inc. has bought a 3-year rights packages to broadcast football premiership football in the UK as the online giant continues to gain a foothold in key European sports markets.
Twitter was added to the S&P 500 on Thursday. The stock declined by 0.6 percent.