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A truck carries an expedition container to Qingdao Port on January 14, 2019 in Qingdao, Shandong Province, China.
Tech's shares are expected to slightly increase inventories on Thursday.
Apple's shares rose more than 1% after Cowen began hedging the company with an outperformance and a price target of $ 220. Cowen spoke of the potential long-term benefits of Apple's service sector.
Snap, meanwhile, grew more than 6% after Richard Greenfield, an analyst at BTIG – a long-time skeptic of the social media company – upgraded the title to buy for the first time. "Performance advertisers are laser focused on ROI and spend (and spend more) where they see an interesting return," he said, noting that the stock could go up 50 percent over the next 12 years. next few months.
Elsewhere, General Electric saw its results plummet after the industrial giant had published lower-than-expected earnings forecasts for 2019. The stock had initially dropped about 4% in the pre-market market before rising to a record low. 1.3% increase.
-Sam Meredith of CNBC contributed to this report.
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