US stocks open in the red: S&P slips 0.6%, Meta stock crashes 12% after Q3

Core Viewpoint - US stocks experienced a decline as investors evaluated the latest earnings reports from major technology companies and the results of President Trump's meeting with Chinese President Xi Jinping [1] Group 1: Market Reaction - The decline in US stocks reflects investor sentiment amid significant corporate earnings announcements from Big Tech [1] - The performance of the Dow Jones Industrial Average was notably impacted by these developments [1] Group 2: Economic Context - The meeting between President Trump and President Xi Jinping is a critical factor influencing market dynamics, particularly in relation to trade and economic policies [1]