Global markets reel as major indices plunge worldwide
A global selloff accelerates with the S P 500 down 3 percent and the Dow dropping 1,033 points as fears of a slowed U S economy mount. Tech giants Apple Nvidia and Alphabet lead losses while Japan’s Nikkei sinks 12.4 percent amid rate-cut speculation and a slide in Bitcoin and gold momentum. The August market rout widens with concerns over inflation, Fed policy, and geopolitical tensions shadowing oil and elections.
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Judge rules Google has illegal monopoly in search market
A U S district judge finds Google maintains a monopoly in general search with an 89.2 percent market share, 94.9 percent on mobile, amid a major antitrust case brought by the Justice Department. The ruling signals possible sanctions or structural changes and sets up a prolonged legal battle including appeals.
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