BUD Anheuser Busch Inbev SA NV

Snap shares soared on their first day of trading, closing 44% above their offering price at $24.48 to value the Snapchat parent at more than $34 billion.

U.S. stocks stumbled, while expectations for higher rates lifted Treasury yields and the dollar. The Dow fell 112.58 to 21002.97.

Caterpillar was raided by federal agents in search of any evidence that it may have released false or misleading information about its financial documents and exports.

Boeing unions said more than 1,800 workers took voluntary buyouts, as the firm looks to cut costs.

The acting SEC chief blasted the fiduciary rule for retirement savings, saying it was "highly political."

Barnes & Noble posted a weak fourth quarter and issued a pessimistic forecast as store traffic declined.

AB InBev is eyeing further cost savings and won't pay bonuses to top brass.

Roche shares rose sharply after the firm reported a clinical-trial success for a breast-cancer regimen.

Amazon blamed human error for a cloud-service outage that disrupted internet traffic earlier this week.

Costco Wholesale is raising membership fees.

(END) Dow Jones Newswires

March 03, 2017 02:47 ET (07:47 GMT)

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