Tech Stocks Drag Market As Tech Giants Lead Decline
Wall Street closed broadly lower after a sharp afternoon selloff. The S&P 500 fell 2.4 percent, led by Apple Amazon and other big tech names, with the Dow down about 526 points and the Nasdaq off 3 percent. The pullback widens September losses and fuels talk of a correction amid COVID-19 and stimulus uncertainty.
MENTIONED IN THIS ARTICLE
Wall Street
Washington
Apple
Amazon
Microsoft
Mutua Funds
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Dodge & Cox Inc
Dodge & Cox
Fidelity
Fidelity Group
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T. Rowe Price Bcgr
Vanguard
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SEC
Lawsuit seeks court order to ban militia posts on Facebook
A federal lawsuit filed in Wisconsin argues Facebook failed to enforce its anti violence ban during the Kenosha unrest. It seeks an order banning militia and hate posts and damages for plaintiffs traumatized by armed groups at protests linked to Jacob Blake's shooting. It cites Kyle Rittenhouse and the Kenosha Guard call to arms as context.
MENTIONED IN THIS ARTICLE
Madison
Wis
Facebook
Kenosha
Donald Trump
Jacob Blake
Blake
National Guard
Kyle Rittenhouse
Antioch
Illinois
Joseph Rosenbaum
Anthony
Buzzfeed
Montana
Storm
Andrew Anglin
Daily Stormer
Ohio
Tanya Gersh
Gersh
Southern Poverty Law Center
Anglin
Law Center
U.S
Dana Christensen
Trump administration eyes tech curb on Google antitrust
The Trump administration moves toward an antitrust action against Google and seeks support from state attorneys general. The DOJ aims to curb platform protections and push a bipartisan crackdown on Big Tech while Trump argues for limits on protections for social media. The effort follows long-running probes of Google, Facebook, Amazon and Apple and partisan pressure ahead of the election.
MENTIONED IN THIS ARTICLE
Washington
Trump
Google
Donald Trump
Big Tech
America
White House
Attor
Ney
William Barr
Justice Department
Microsoft
Silicon Valley
Congress
Facebook
Twitter
Wells Fargo chief apologizes for remarks on Black talent pool
Wells Fargo CEO Charles Scharf apologized after a memo in June and a Zoom remarks session surfaced showing statements that there is a limited pool of Black talent to recruit. He attributed bias to himself and pledged steps to boost diversity including hiring at Black colleges and anti racism training. The backlash spanned Washington and social media.
MENTIONED IN THIS ARTICLE
New York
Wells Fargo
Charles Scharf
Scharf
America
Reuters
Washington
Alexandra Ocasio-Cortez
Wells
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Sam Stovall
CFRA
DOJ
Cuba
Caribbean
Barack Obama
Eric Trump
Eric
Arthur Engoron
Letitia James
Celec
James
Lawyers Eye
the Market IN Review
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Russell
Apple Inc
Suanks
Digital All
Jinko Solar
Nikola
Tesla Inc S
AmerWell N
WrapTc
GenElec
Hilltoph
NextDec
Vale SA
Wilhelmina
Mict Inc
NetElem
Vaxarth
At&t Inc
Nikeb
AMD
Amé Airlines
NokiaCp
Apple Inc S
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BedBath
OcciPet
Boeing
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Carnival
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Cisco
Pg&e Cp
Citigroup Pelotnintr
CocaCola
PepsiCo
Comcast
Petrobras
Coty
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Pfizer
DeltaAir
Pinterest
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EggTrasfr
ExxonMbl
Rockwilm
FirstEngy
Roku
Fordm
SPI Eng
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Novio Phm
Ntel
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Tesla Incs
Transocn
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Keycorp
Vaxart H
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VerizonCm
Kohls
WalMart
WellsFargo
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Macys
Wendys Co
Marathno
Workers
McDalids
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Micront
YumBrads
Zomedica
Newell Br
ZoomVid
NiSource
Sweet Crude
NYMX
CME
New York Mercantile Exchange
CBOT
Chicago Board of Trade
Chicago Mercantile Sugar (World
ICE Intercontinental Exchange
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