Markets closed near their lows of the day and the S&P turned negative, even as the Fed pledged to leave rates low for an extended period. And shares of Snowflake more than doubled in their debut today. But who really reaped the benefits of that stock surge?

TikTok finds a technology partner for its U.S. business, but things might not be quite over yet. And NVIDIA inks the biggest acquisition ever in the semiconductor industry, but will regulators have something to say about the deal.  Plus DraftKings surges on news of its latest partnership. What it all means for the fantasy sports and betting site.