Stocks fall on weak earnings and skepticism around global stimulus

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The Nasdaq 100, S&P 500 index, and Dow Jones Industrial all slumped lower on Thursday in US trading.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Stocks slid on Thursday after second-quarter financial results were weaker than expected, and as investors grew concerned about global monetary stimulus.dropped by as much as 3% after the company said in its earnings report it was under investigation by the US Federal Trade Commission.

Earnings-per-share would have beaten forecasts if not for a $5 billion fine Facebook paid the FTC over a different investigation into privacy issues.

 

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