Wall Street trades at a loss; pressure dip in Meta shares

The three major stock indices of the US market are working with sharp declines this Thursday. The prices in Wall street they retreat after four consecutive profit days and under pressure by a dip in Meta Platforms shares after a poor earnings forecast.

The index Nasdaq, with a high technological component, is leading the losses this morning. Pushed by a collapse of Meta platforms which puts pressure on its key sector yields -1.58% to 14 189.51 points. the leading index Dow Jones drops -0.80% to 35 341.02 points and the reference S&P 500 -1.16% to 4,536.16 units.

The price of the securities Meta platforms, the parent company of Facebook, put pressure on the high-tech sector on Wall Street by falling 23.53% to $ 247. The sharp decline is recorded after it was learned that the social network recorded its first loss of active users for the first time in its history.

The company blamed it on privacy changes in the security teams. appeal and to increase competition in its market. This information has been previously released Amazon Present your results later in the day. Its poor forecast contagion of risk aversion to other stock markets in the world.

Meta Platforms loses more than $ 200 billion in cap value. Its CEO, Mark Zuckerberg, was specific that sales growth was negatively impacted by the growth of its competitors, which is a choice primarily for younger users.

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Reference-www.eleconomista.com.mx

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