The major US stock indices have given up their gains.

• The NASDAQ index now trades into negative territory for the first time in the day after rising by 327.81 points at session highs. The index is now down -5 points or -0.02% at 21123.
• The S&P index is also lower trading down -16.38 points or -0.26% at 6346.52. At session highs, the price was up 64.12 points.
• The Dow industrial average is now down -237.15 points or -0.54% at 44220. At session highs the price was up 204.54 points..

Amazon and Apple report after the close. Amazon shares are up 1.49%. Apple shares are down -0.53%.

Microsoft shares are up $20 or 3.96% after trading up as much as $42.21at session highs.

For Meta, it is currently up $80 or 11.53%. At session highs, it was up $89.54.

UPDATE: The NASDAQ index is now down -30 points or -0.14%. The S&P is down -23 points or -0.37%.

The Figma IPO is not down. It priced at $33 a share. And is currently trading at $109.58 after opening up at $85.