POLITICSTÜRKİYEWAR ON GAZABIZTECHINFOGRAPHICSFEATURESOPINIONWAR ON IRAN
US stocks retreat as tech giants hit by EU probe
05:24
US
US stocks retreat as tech giants hit by EU probe
The three major averages ended Monday lower, with the Dow Jones down 0.4%, S&P 500 and Nasdaq down 0.3% - a technical correction after last week's strong gains when the indices reached all-time high levels. US markets also showed signs of fatigue as tech heavyweights are facing increased regulatory scrutiny in Europe. The European commission has opened an investigation into Apple, Alphabet and Meta, its first probe under the new Digital Markets Act tech legislation. The first two probes focus on Alphabet and Apple and relate to so-called anti-steering rules. Under the DMA, tech firms are not allowed to block businesses from telling their users about cheaper options for their products or about subscriptions outside of an app store. Apple has already been fined 1.8 billion euros
More Videos
As taps run dry, drinking water floods Belgrade’s streets
Vares residents are still waiting for answers on lead exposure
How is the FETO terrorist organisation being dismantled in the Balkans?
US–Türkiye: Resolving rifts? | Inside America
International Adoptions: A Global Scandal | Storyteller | Trailer
Srebrenica: 31 years later
Why Türkiye is the next major player in stem cell tech | NexTech
Serbian activists campaign against battery cages for laying hens
Which Balkan country is the closest to join the European Union?
Politics, power and the World Cup | Bigger Than Five