⁍ The Nasdaq inched higher on Friday as a two-day selloff in technology-related stocks halted.

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⁍ Wall Street’s three main indexes bounced earlier this week as investors bet on a loose monetary policy by the Federal Reserve.

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⁍ But gains petered out in the absence of firm details on the central bank’s stimulus plan.

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– The US will ban the downloading of Chinese social media app TikTok starting today, the Commerce Department announced today. The ban will apply to users of the app, which is owned by China’s Tencent Holdings, as well as to users of a second Chinese social media app owned by Alibaba, the Wall Street Journal reports. Starting today, US consumers will have to download the Chinese apps in order to use them in the US. Until now, US consumers have been able to use the Chinese apps without restriction.