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Tech Giants Hammered by Probe Jitters; Bonds Gain: Markets Wrap BloombergA sell-off in big technology companies dragged down U.S. stocks on reports the government is considering antitrust investigations. Bonds rose as investors weighed the trade war’s impact on weak factory data. The Nasdaq-100 Index underperformed major averages, with Alphabet Inc. and Facebook Inc. tumbling as they appeared set to undergo antitrust probes after the U.S. Justice Department and the Federal Trade Commission agreed to split up oversight of the tech giants. The S&P 500 Index headed toward its lowest level since February. Investors also assessed the impact of a Chinese investigation...
https://www.bloomberg.com/news/articles/2019-06-02/asia-stocks-face-more-pressure-on-trade-war-angst-markets-wrap
2019-06-03 17:08:36Z
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