Stocks: Energy leads, Facebook stock falls on news of Sheryl Sandberg’s departure

Yahoo Finance's Jared Blikre checks out the market losses, in addition to the energy sector, GameStop, and Facebook.

Video Transcript

JARED BLIKRE: 90 seconds. We'll have to see what the markets can do here. I'm looking at the YFi Interactive. All the markets are down about 1/2 a percent. Not a disaster here, but I do want to check out what's going on, on the YFi Interactive. You can see, oh, that's GameStop right there. That stock, we're going to be covering after the bell. And we might want to key off of that. I'm not sure I'm in the right machine right now. But nevertheless, that is what's going on here.

Also taking a look, thinking about Facebook, it is the end of an era. Facebook down about 2 and 1/2% on comments that Sheryl Sandberg is going to step down. That is an end of the era statement right there. Also getting that new Meta ticker in a couple of weeks. I think it's actually next Thursday. Don't quote me on that. But nevertheless, we are seeing that stock fall off right here.

Also, checking out some of the other sectors, we did see energy leading today. We got some reports about crude oil that were bearish. However, we are not seeing that reflected in the energy market. So nevertheless, we're going to have to keep an eye on that. We have about 30 seconds to the bell. Just want to make a quick comment on the bond market. Talking about that with Brian Cheung earlier in the program, it is flying higher right now. We are seeing yields not inch up, but actually soaring towards those prior levels, towards that big 3.0% mark for the 10-year T-note yield.