Shares in US technology giants were down slightly in premarket trading after the world's richest nations agreed on a landmark global minimum corporate tax deal.
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The Group of Seven (G7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15%.
Shares of Facebook, Amazon.com, Apple, Microsoft and Google-parent Alphabet were all down between 0.1% and 0.5%. Europe's tech stocks index was down 0.2% in early trades.
The G7's proposals are seen targeting technology companies that sell services remotely and attribute much of their profits to intellectual properly held in low-tax jurisdictions.
