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Goldman Sachs expert Scott Rubner has cautioned that Wall Street stocks may face a downturn, citing growing instability in the options market
All three major U.S. stock indices are down Friday as traders reacted to several sets of fresh data that raised concerns about the economic outlook.
Research firm GLJ reported that deliveries in five major European countries were down 56% in the first 51 days of the quarter while China sales were down 7% from a year earlier in the first seven weeks.
The employee stock options, called stock refreshes internally, are offered in addition to base salaries and annual bonuses and account for the bulk of a Meta employee's compensation.