Meta stock slips as year-end tech selling hits megacaps — what investors are watching next
Meta Platforms closed down 0.5% at $659.88 Monday as megacap tech stocks retreated in thin year-end trading. The Nasdaq Composite fell 0.5% and the S&P 500 slipped 0.3%, with investors locking in gains after last week’s rally. No new Meta announcements were reported. Traders are watching Fed minutes and jobless claims in a holiday-shortened week.