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Stocks Fall as Disappointing Meta Profit Weighs on Tech – The Wall Street Journal

Major U.S. stock indexes tumbled on Thursday, dragged down by technology and social-media companies, as investors hammered shares of Facebook owner Meta Platforms after a disappointing earnings report.

The tech-focused Nasdaq Composite Index was recently down 2.3%. The broader S&P 500 fell 1.4%, while the Dow Jones Industrial Average declined 0.8%.

Source: https://www.wsj.com/articles/global-stocks-markets-dow-update-02-03-2022-11643877298

Author: News tech