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Stocks Drop Amid Weak Factory Data, Trade Woes: Markets Wrap BloombergU.S. stocks fell as investors weighed the trade war’s impact on weak manufacturing data, while tech giants sank after a report the government is considering antitrust investigations. Treasuries rallied. The Nasdaq-100 Index led declines among major averages, with Alphabet Inc. sinking the most since April after Bloomberg reported the Department of Justice will look into its business. Facebook Inc. and Amazon.com Inc. also tumbled. FedEx Corp. slumped as China probed “wrongful” deliveries. The yield on two-year Treasuries headed for its biggest two-day decline since January 2008 after Beijin...
https://www.bloomberg.com/news/articles/2019-06-02/asia-stocks-face-more-pressure-on-trade-war-angst-markets-wrap
2019-06-03 14:11:38Z
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