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Tech Giants Hammered by Probe Jitters; Bonds Gain: Markets Wrap BloombergU.S. stocks fell as technology giants tumbled on reports the government is considering antitrust investigations, while investors weighed the trade war’s impact on weak manufacturing data. Treasuries rose. The Nasdaq-100 Index underperformed major averages as Alphabet Inc. sank the most since April after Bloomberg reported the Department of Justice will look into its business. Facebook Inc. tumbled as a person familiar with the matter said the U.S. Federal Trade Commmission will oversee antitrust scrutiny into whether its practices harm competition in the digital market. Investors also asses...
https://www.bloomberg.com/news/articles/2019-06-02/asia-stocks-face-more-pressure-on-trade-war-angst-markets-wrap
2019-06-03 16:27:11Z
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