Early Update -Growth Stocks Weigh on the Broader Market

11:15 a.m. ET It’s not just Meta’s (formerly Facebook) -24% price drop, after shockingly weak earnings, that are pressuring markets, but central banks are adding more pressure. The Bank of England (BOE) raised its bank rate by another 25 basis points to 0.50% (four voting members preferred a 50-bps increase), and while the ECB left…