Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, while FX markets watched Japan’s yen sink through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushed Wall Street lower at its open but with more ‘Big Tech’ earnings scheduled for later it was Meta’s slump (META.O), that soured the mood the most. It plunged almost 15% in afterhours moves on Wednesday. Japan’s tech-heavy Nikkei (.N225), opens new tab then slid 2%, followed by a 1% slide in European tech (.SX8P), opens new tab, as dealers seemed to forget all about the […]

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