Markets turned sour Tuesday afternoon after starting the day in positive territory, giving back all the gains that had been made earlier in the session to close near session lows across the board.

The Dow was the biggest loser, falling 0.46%. The Nasdaq spent most of the day in the green before closing the day down 0.19%.

Snap Inc. (SNAP) shares jumped nearly 10% Tuesday after Jefferies joined Barclays in upgrading the company's stock. Barclays is bullish on the social media platform's redesign and believes that "the worst is behind Snap."

Shares of luxury homebuilder Toll Brothers (TOL) was down nearly 8% after the company missed on quarterly earnings and said that it expects its full-year adjusted gross margin to shrink.

Shares of toy-maker Mattel (MAT) were down more than 5%, giving back some of the gains it received due to speculation that it could be taken over by rival Hasbro.Mattel was up nearly 30% in March.

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