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US stock market falls on Meta's disappointing profit
Finance
- 04 February, 2022
- 05:20
The US stock market tumbled during the trading session on February 3 on disappointing reports from the owners of the world’s largest social network Facebook, Report informs.
Meta’s shares fell 26.39% after it announced the first-ever reduction in its customer base.
The NASDAQ high-tech index fell 3.74% to 13,878.82 points, the Dow Jones industrial index dropped 1.45% to 35,111.16 points, and the S&P 500 broad-based index fell 2.44% to 4,477.44 points.
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