Meta Shares Dip Amid Fed Rate Cut and Meta Connect Launch

Meta Platforms (META) shares fell 0.42% to close at $775.72 on Wednesday, September 17, 2025, as investors weighed the Federal Reserve’s quarter-point rate cut and kicked off Meta’s annual Connect conference unveiling new smart glasses.

A broader market response to the Fed’s 25-basis-point trim in its benchmark rate drove mixed performance across major indexes, placing pressure on high-growth tech names despite dovish signals on future monetary policy.

Fed Eases Monetary Policy, Markets Waver

The Federal Reserve lowered its key interest rate by 0.25 percentage point, signaling a more accommodative stance to support slowing growth and tame inflation. Stock indexes closed unevenly: while the Dow rose modestly, the Nasdaq and S&P 500 edged lower, reflecting investor caution over tech valuations even amid cheaper borrowing costs.

Meta Connect Kicks Off with Smart Glasses

Meta launched its first consumer-ready smart glasses featuring a built-in display-branded Meta Ray-Ban Display-during its annual Connect conference in Menlo Park, California. Priced at $799, the glasses offer simple notification functions and hit stores on September 30, marking Meta’s latest push into AI-driven hardware.

Trading Highlights

  • Closing Price: $775.72 (down 0.42%)
  • Daily Range: $766.31-$783.29
  • Volume: 9.35 million shares

Looking Ahead

Investors will watch Thursday’s follow-up sessions at Meta Connect for further AI and metaverse updates, while assessing how Fed policy shifts influence tech spending and growth outlooks.