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$1 trillion wipeout: Market rout punishes megacap tech
The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday.
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San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.
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Japan stocks rebound over 10% after historic losses; other Asia markets were also up
The rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
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Google loses antitrust case over search
Google has illegally held a monopoly in search and text advertising, a federal judge ruled on Monday
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Robinhood says there will be no 24-hour trading on Monday due to issue at third-party venue
The brokerage firm said that Blue Ocean ATS, the third-party company that it works with for round-the-clock trading, has suspended its overnight market.
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US stocks finish sharply lower to close out global market rout
S&P 500 finishes trading day down 3% after Japanese market suffers biggest drop since 1987
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Asian stocks rebound amid global volatility
Tokyo recovers ground after worldwide rout over concern that Fed is too slow to respond to signs of weakening US economy
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Oakland As strike $125 million deal to sell Coliseum stake
The buyer is a Black-led development group and the sale will pave the way for a major entertainment complex.
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Delta and CrowdStrike clash over $500 million outage blame
The cybersecurity firm blames the airline for its IT decisions, while Delta is threatening to sue.