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Oil fell on Monday as U.S. trade disputes with Mexico and China deepened concerns about weakening global crude demand, while a slump in equities also weighed on crude futures.

Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.

The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and Google, sources told Reuters on Monday, setting up what could be an unprecedented wide-ranging probe of some of the world's largest companies.

The three major U.S. stock indexes declined on Monday and Nasdaq confirmed it was in a correction, dragged down by Alphabet, Facebook and Amazon.com on fears the companies are the targets of U.S. government antitrust regulators.

Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.

Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.

Ad tech firms and publishers have had to stay in the good graces of Google or risk insolvency.

With the quiet period related to Uber Technologies disastrous IPO last month coming to an end, investors can expect a deluge of analyst research initiations on the ride-hailing service.

Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out more stimulus.

Shares of Apple Inc were down nearly 3% in afternoon trading on Mon following a Reuters report that the U.S. Dept of Justice was given jurisdiction to include the iPhone maker as part of broader antitrust probe.

Nissan would carry out a "fundamental review" of its relationship with alliance partner Renault if it accepted a merger proposal from Fiat Chrysler, the Japanese carmaker said on Monday.

In recent months, business groups have begun to express concern about ongoing trade tensions and the impact frayed relationships may have on the companies' bottom lines.

European brewers expect they will need to tell more demanding drinkers as much about the environmental impact of a beer as its taste in the next decade as Europe enforces pollution laws.

U.S. stocks went back into the red on Monday after regulatory fears sent shares of internet giants Alphabet, Facebook and Amazon.com sharply lower, particularly weighing down on the tech-laden Nasdaq.

The U.S. Justice Department has jurisdiction for a potential antitrust probe of Apple Inc as part of a broader review of technology companies, two sources told Reuters.