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Stocks tumble on Friday, Nasdaq snaps eight-week winning streak: Live updates

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Stocks fell Friday, with Wall Street posting a losing week as a rally that carried the broader market in recent months appeared to run out of steam. The Dow fell 0.65%. The S&P 500 dropped 0.77%. The Nasdaq lost 1.01%.

Roth MKM hikes estimates, price target for Meta Platforms, saying that the company's traditional advertising business is showing signs of strength.

Kulkarni also hiked the price target on Meta to $315 per share from $255. The stock closed at just under $285 per share on Thursday.Manufacturing activity in the U.S. slowed more than expected in June, according to an S&P flash PMI reading released Friday that was the lowest in six months.

 

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