. time now for business. let's go to cnbc, joining us live from london. major u.s. stock index tumbled on wall street, dragged down by technology and social media companies, facebook, or meta, the parent company of facebook, got clobbered. tell us, what happened? >> it was really a blood bath yesterday. and we've seen many days of extraordinary trading but yesterday was no exception. we saw the tech-heavy nasdaq close nearly 4% lower, and meta, formally facebook, had the most negative impact on that index. they delivered that disappointing set of earnings on wednesday night, after markets had closed up shop. and that september shock waves through markets. so the s&p 500 dropped 2.4% and the dow jones closed down 1.45%. the story continued after markets closed yesterday and a number of tech companies come in with earnings better than the