Stocks were mixed on Thursday as investors weighed new jobless claims and looked ahead to a COVID-19 relief package. Shares of Facebook , viewed as TikTok's main competitor, surged 5.1% to $261.80 on Thursday. Facebook also released its own TikTok clone, called Reels, which goes live on Instagram in 50 countries this week. Read More...

Stocks were mixed on Thursday as investors weighed new jobless claims and looked ahead to a COVID-19 relief package. Shares of Facebook , viewed as TikTok’s main competitor, surged 5.1% to $261.80 on Thursday. Facebook also released its own TikTok clone, called Reels, which goes live on Instagram in 50 countries this week.