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Squawk Box anchors discuss the slump in U.S. tech stocks on the back of concerns over a potential anti-trust investigation into whether the biggest names in Silicon Valley have been abusing their market dominance. President Trump’s historic state visit to the UK turns from pomp to politics. The Queen rolls out the red carpet in a lavish state banquet for President, but demonstrators prepare to stage a massive protest on the streets of London. In central bank news, the RBA slashes rates to a record low of 1.25%, while US yields fall again as St Louis Federal Reserve President James Bullard says a rate cut "may be warranted soon". And in Italy, Prime Minister Giuseppe Conte threatens to resign in a bid to quell the political bickering between coalition partners Five Star and Lega.