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Nasdaq ends 3.7% lower as US stocks drop on weak earnings

The Nasdaq plunged more than three percent Thursday following weak earnings from Facebook parent Meta as stocks resumed their downward shift amid worries over tightening monetary policy. All three major indices finished with losses, snapping a four-day winning streak, with the Nasdaq falling 3.7 percent to 13,878.82. Also Read | Facebook parent Meta sheds $200 billion in stock
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