NEW YORK, Jan 3, 2026, 09:48 ET — Market closed
- Meta ended Friday down about 1.4% at $650.41, extending a two-day pullback.
- A rise in Treasury yields kept big-tech valuations in focus as Wall Street opened 2026 with a mixed session.
- Investors are watching next week’s U.S. labor data and when Meta will schedule its next earnings report.
Meta Platforms shares fell about 1.4% on Friday to close at $650.41, ending the first trading day of 2026 on the back foot. The stock traded between $643.58 and $666.10, with about 13.7 million shares changing hands.
The move matters now because investors are re-pricing megacap growth stocks as bond yields drift higher. The benchmark 10-year U.S. Treasury yield ended around 4.19% on Friday as traders looked ahead to next week’s labor-market data and other delayed economic releases, Reuters reported. Reuters
U.S. stocks finished mixed, with the Nasdaq edging down while the Dow and S&P 500 rose, and chip stocks leading gains in the Philadelphia SE Semiconductor Index, Reuters said. “We are seeing a ‘buy the dip, sell the rip’ trading mentality,” said Joe Mazzola, head of trading and derivatives strategist at Charles Schwab—market shorthand for buying pullbacks and selling into rallies. Reuters
Higher yields often pressure tech shares by raising the discount rate investors use to value future profits. That sensitivity shows up even on quiet news days.
Meta’s decline marked a second straight daily drop, while Apple and Microsoft also fell and Alphabet rose on Friday, MarketWatch data showed. The stock was about 18% below its 52-week high, and its trading volume ran below the 50-day average, the report said.
Meta still relies overwhelmingly on advertising for revenue, its annual report showed, which leaves the stock exposed to changes in ad budgets and consumer demand. SEC
The first week of January often brings a reset in positioning after year-end portfolio rebalancing. That can amplify moves in index heavyweights such as Meta.
Before next session:
Traders will keep an eye on bond-market swings and the next round of U.S. data for clues on Federal Reserve policy. In that setup, moves in yields can outweigh company headlines for large-cap tech.
Meta has not confirmed when it will release its next quarterly results, but Wall Street Horizon forecasts an after-market report on Jan. 28 based on prior reporting patterns.
On the chart, investors will watch whether the stock holds above Friday’s session low and whether it retakes the upper end of that day’s range when regular trading resumes. If it fails, traders may refocus on the summer peak as the next major hurdle.
For now, Meta is trading more like a macro proxy than a single-stock story at the start of 2026, with rates and risk appetite setting the tone.
