GLOBAL MARKETS-Stocks and yen struggle as tech troubles weigh

World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per dollar for the first time since 1990 kept FX traders on intervention alert. Japan's tech-heavy Nikkei slid 2% in Asian trading and European tech stocks were down 0.8% in early dealing as traders did pretty much the opposite to the previous day after Tesla had promised new models by early next year. Chief Investment Officer at Close Brothers Asset Management, Robert Alster, added that Mark Zuckerberg's comments on Meta needing to spend to keep up in the AI arms race had been another major factor.