Market News and Commentary July 18

EU Fines Google $5 Billion Over Android Antitrust Abuse. Defiant Trump says Russia not targeting U.S., calls critics deranged. Manufacturers are concerned about impact of tariffs: Fed. U.S. mutual fund investors ditch equities despite S&P 500 gains: ICI. Oil prices volatile as U.S. crude stockpiles rise unexpectedly and output climbs to a record. Housing starts tumble to 9-month low as market headwinds crush momentum.

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