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Dow Jones Futures Rise After Market Rally Fades; 5 Big Earnings Movers, Apple App Store Changes

Posted Date: September 02 2021
Dow Jones futures rose slightly Thursday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally closed mixed Wednesday, near session lows, but still near all-time highs. Netflix (NFLX) neared a buy point as fellow streaming players Roku (ROKU) and Disney (DIS) made positive moves.
Apple (AAPL) will let some app developers link to outside websites to let customers pay for their services, avoiding 30% App Store fees, the company said late Wednesday. The shift does not include game apps. It's part of a settlement with the Japan Fair Tree Commission. But Apple said it'll make the change globally in early 2022. Apple and Google app store fees have come under growing attention from governments around the world. Earlier this week, South Korean lawmakers voted to bar Apple and Google app stores from requiring developers to use their payment systems and pay the 30% fee.
Meanwhile, the Justice Department is getting ready to file a second antitrust suit vs. Alphabet (GOOGL) unit Google over its digital-advertising business, Bloomberg reported late Wednesday. The DOJ and several states filed a Google antitrust suit over its search dominance late last year.
Apple stock rose a fraction Thursday morning. Google stock was not yet active. Apple stock and Google edged higher on Wednesday, hitting all-time highs intraday.

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