Investors finally got the inflation reading they were looking for and are likely to get a divided government for the next two years. That combination shot the stock to its best weekly performance since June. In Friday,
it even briefly crossed the 4,000 mark, a level it hadn’t crossed in two months.
Dow Jones Industrial Average
(ticker: META) announced it will cut 11,000 jobs, the latest in a wave of layoffs in Silicon Valley. The best thing Facebook can say about itself right now is that it’s not Twitter.