Today’s top business headlines with ChristineRomans before the opening bell on Wall Street:
London 1. Tech correction: News that big tech companies face antitrust scrutiny from US lawmakers and regulators has pushed the Nasdaq into a correction.
The US House Judiciary Committee said Monday it is launching a"top-to-bottom" antitrust investigation of the tech industry, including Amazon , Apple , Facebook and Google . The Justice Department and the Federal Trade Commission are reportedly taking steps to begin their own probes.Already under pressure from global trade tensions, the Nasdaq dropped 1.6% on Monday. It's now 11% off highs at the beginning of May.
Thursday — ECB and Reserve Bank of India rate decisions; Europe's GDP growth estimate; Beyond Meat earnings
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Nasdaq drops more than 1%, enters correction territory as regulation fears batter big techStocks fell today on news that the U.S. government is assuming greater oversight of some big tech companies. The Nasdaq dropped 1.6% to enter correction territory, and the S&P 500 fell 0.28%.
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Tech selloff sends Wall St. lower, Nasdaq enters correctionThe three major U.S. stock indexes declined on Monday and Nasdaq confirmed it wa...
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Nasdaq Slides Into Correction TerritoryTechnology stocks tumbled, hit by fears that regulators might take a fresh shot at industry giants such as Alphabet and Facebook.
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Wall St. edges higher, boosted by healthcare; Alphabet, Amazon pressure NasdaqThe S&P 500 and Dow Jones industrials ticked higher on Monday, propped up by hea...
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Stock market set to stage rebound after Nasdaq enters correctionU.S. stocks on Tuesday appears on track to open higher after an antitrust-sparked selloff in the some of the biggest technology-related stocks, which drove...
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Shell eyes dividend and spending boost after 2020Royal Dutch Shell on Tuesday outlined plans to increase spending and dividends a...
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Shell pledges to reveal the taxes it pays in every countryOil and gas giant Royal Dutch Shell PLC will disclose how much tax it pays in ev...
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What to watch today: Stocks to bounce, China warns against US travel, and Tesla faces demand doubtsU.S. stock futures were pointing to a higher Wall Street open, a day after fears about tech company investigations pushed the Nasdaq into 10% correction territory.
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Stocks rise slightly, but trade and economy worries persistStocks closed slightly higher for the first time all week, with the Dow gaining 0.17% and the Nasdaq rising 0.27%. The S&P 500 closed about 0.2% higher, with real estate, health care and consumer discretionary performing best.
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Nasdaq Slides Into Correction TerritoryTechnology stocks tumbled, hit by fears that regulators might take a fresh shot at industry giants such as Alphabet and Facebook.
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Tech selloff sends Wall St. lower, Nasdaq enters correctionThe three major U.S. stock indexes declined on Monday and Nasdaq confirmed it wa...
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