New York - Shares of social networking high-flyer Twitter plummeted on disappointing user growth as US stocks on Thursday opened higher ahead of Friday's much-watched US labour market report.
Leading microblogging host Twitter dropped 24% after it reported disappointing user statistics in its quarterly earnings report.
Just a few minutes into trade, the Dow Jones Industrial Average gained 84.20 (0.55%) to just more than 15 524.00.
The broad-based S&P 500 added 9.98 (0.57%) to 1 761.62, while the tech-rich Nasdaq Composite Index tacked on 26.48 (0.66%) at 4 038.03.
Analysts have predicted modest moves in equity markets ahead of Friday's monthly US labour market report.