Stocks open lower following 'Santa Claus rally' [USA TODAY]
Meta Platforms, Inc. - Class A (META)
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Source: USA TODAY
Yields on government bonds inched higher across the board, with the yield on the benchmark 10-year note hitting its highest mark since early May at 4.64%. Among "megacap" stocks, Amazon.com slipped 0.3%, while Meta Platforms shed 0.6%. Rate-sensitive real estate stocks were among the worst hit, down 0.4%, while consumer discretionaryfell 0.5%. "Now we're at an inflection point on the Treasury yield, especially the 10-year … any move higher and it tends to create equity market weakness and that's what I'm seeing this morning," said George Cipolloni, portfolio manager at Penn Mutual Asset Management. Invest wisely: Best online brokers Dow Jones, S&P 500 and Nasdaq see opening losses At 09:40 a.m. ET, the Dow Jones Industrial Average fell 123.50 points, or 0.30%, to 43,173.53, the S&P 500 lost 15.13 points, or 0.25%, to 6,024.91 and the Nasdaq Composite lost 46.45 points, or 0.23%, to 19,984.67. Markets in Europe, London and parts of Asia were closed on Thursday. The S&P
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News
- Post passes satire about Trump, Greenland as real | Fact check [USA TODAY]USA TODAY
- Analyst Says Meta Platforms (META) Is Cheap [Yahoo! Finance]Yahoo! Finance
- OpenAI lays out its for-profit transition plans [Yahoo! Finance]Yahoo! Finance
- 3 Internet Stocks to Hold Forever [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Roundup: Monday.com (NASDAQ:MNDY) And The Rest Of The Project Management Software Segment [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/30/24 - Beat
META
Sec Filings
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- META's page on the SEC website