Economic news

Review: U.S. stocks slip down

U.S. stocks fell on Tuesday after Google was fined by the European regulators.

The Nasdaq fell 0.4% shortly after the open, while shares of Google fell more than 1% in early trade. The EU has fined Google a record $2.7 billion, because of a violation by the company of antitrust rules.
 
The Dow Jones Industrial Average fell about 10 points, while the S&P 500 index dropped 0.15%.

"Alphabet is something that puts pressure on technology shares," said Robert Pavlik, chief market strategist at Boston Private. "It is hard to believe this news about Google. May they have another search engines in the EU?"



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