Yahoo Finance’s Jared Blikre breaks down how markets opened on Monday.
The stock market has been under an immense amount of stress recently, and it's not hard to see why. Inflation has surged to 40-year highs, the Fed has begun boosting interest rates in response, and a host of macroeconomic issues have been exacerbated by Russia's invasion of Ukraine. Consider the FAANG stocks: Meta Platforms (aka Facebook), Amazon, Apple, Netflix, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) (parent company of Google).
There has been a flurry a legislative activity in the U.S. in the past few days to stop Google and other big tech firms from using their market power to self-promote their own products, and to break up Google’s advertising businesses, but their outcome is uncertain, and the potential impact would be extremely complex to […]