Trade war fears, tech jitters stalk global stock markets

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April 2, 2018 - 11:00 PM

Jeff Bezos, CEO of Amazon, is in the crosshairs of President Trump.

LONDON (AP) — Global stock markets fell for a second day today as investors continued to fret over a looming trade war between the U.S. and China and mounting public scrutiny of technology companies.

Stocks have been trending lower for weeks largely because of a series of tariffs announced by U.S. President Donald Trump and the Facebook data privacy scandal, which has raised the prospect of tighter regulation for social media and other tech stocks.

In the last week, Trump has also tweeted repeatedly about his new favorite foe, Amazon, whose owner also owns The Washington Post, which has been critical of the Trump administration.

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