FB down 11%, US stocks end losing streak, Asian markets higher

Rappler.com

This is AI generated summarization, which may have errors. For context, always refer to the full article.

After Friday’s much celebrated IPO, market sentiment turned against Facebook, which ended Monday’s trading down 11% while Apple and Google drove the NASDAQ composite index higher.  It rose the most since December because of hopes of political progress in Greece, a little more confidence in the euro zone and talks of helping China’s economy.  Other benchmarks – the Dow Jones Industrial Average and Standard & Poor’s 500 stock index – saw their biggest gains of the month.

Read more on the Wall Street Journal  and on Rappler

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