Comment on U.S. markets turn lower after Meta’s mega earnings rout

U.S. markets turn lower after Meta’s mega earnings rout

By DAMIAN J. TROISE Stocks fell on Wall Street Thursday as Facebook parent company Meta plunged 26%, erasing more than $220 billion in market value, the largest drop in history. Because Meta is valued so highly, a big swing in its stock price can also sink or lift broader market indexes. The S&P 500 index fell 1.6% as of 2:04 p.m.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News