Power Breakfast: Global Markets Sluggish; Meta Shares Plunge 1% On The News Of Layoffs, 3 Fed Members Will Deliver Speech Today

The US market ended mixed in a narrow range. The Dow slipped 80 points, while the Nasdaq recovered by 100 points to close flat. Meta fell 1% on news of layoffs again. Tesla's stock fell 2%, and Netflix dropped 3%. The Fed's Beige Book is showing signs of a decrease in inflation. Today three members of Fed will deliver speech.