• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    Stocks Slip On Report States Are Moving Ahead With Tech Anti-Monopoly Probe

    August 19, 2019
    No Comments
    Stocks Slip On Report States Are Moving Ahead With Tech Anti-Monopoly Probe

    Just as the administration was apparently trying to pump the market even higher with an idiotic story about possible payroll tax cuts (and during a session that was, for a brief time, focused on German fiscal stimulus, no less) a report about State AGs moving ahead on an anti-trust probe of big tech has emerged to hammer futures lower.

    If accurate, the WSJ report would represent one of the most significant escalations in the push to break up the big tech companies yet. The news hit the Nasdaq, but in the context of the past week, the move wasn't particularly significant...

    To read more visit Zero Hedge.

    SHARE THIS ARTICLE

    Author

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments

    FOLLOW US

  • Subscribe to our evening newsletter to stay informed during these challenging times!!

    ×