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Extending Lows, Potential DOJ Antitrust Suit vs AAPL

US STOCKS
Stocks extending session lows, trading desks citing headline from Politico that the DOJ is drafting a possible antitrust suit against Apple (AAPL, currently -5.08, -2.99% at 164.95).
  • "The Justice Department has been investigating Apple since 2019 over allegations that it abused its market power to stifle app developers and competing hardware makers and a suit has become increasingly likely, the report said, adding that the move to drafting sections of the suit is "a significant step forward in the process." Politico.
IT (-3.2%) and Communication (-3.15%) sectors weighing in SPX futures, currently -104.0 at 4097.0.

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