Shares of Meta Platforms popped in off-hours buying and selling Wednesday after the Fb-parent reported better-than-expected earnings after the shut.
Tech shares have been the brilliant spot in markets earlier within the day, with the Nasdaq gaining after Microsoft and Alphabet reported outcomes. The S&P 500 and Dow industrials closed decrease. Learn Wednesday’s full markets roundup right here.
Activision shares sank as buyers digested a U.Ok. rejection of Microsoft’s deliberate takeover of the sport maker. The wild trip in First Republic inventory continued, with the lender’s shares falling once more.
In case you missed it: The Journal’s Nick Timiraos and Gunjan Banerji joined finance editor Charles Forelle for a dialogue concerning the Fed and markets forward of the central financial institution’s assembly subsequent week. Watch a replay right here.
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