Snap Inc. shares rise 3.11% premarket amid global trade tensions and tariff threats.

Snap Inc. rose 3.11% in premarket trading. The movement is likely due to the positive sentiment in the market, as China stocks snapped a bullish run after a tepid Politburo meeting and weak factory data. Additionally, Indian shares trimmed losses as investors saw the U.S. tariff threat as a bargaining chip, which could have positively influenced Snap Inc.'s stock price.