US stocks opened mixed on Wednesday as investors weighed inflation data and NVIDIA earnings; Meta shares fell after reaching a settlement in social media addiction lawsuits
The U.S. stock market opened mixed on Wednesday as investors assessed the latest inflation data and the upcoming NVIDIA earnings report. Technology stocks performed flat, with the semiconductor sector seeing a slight increase, while large-cap tech stocks faced minor pressure. Meta's stock turned negative in early trading after the company agreed to settle social media addiction claims with 29 states. Healthcare and consumer discretionary stocks were among the worst performers.
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