After Tech Sell-Off, Investors Brace for More Market Volatility
Futures on the S&P 500, which allow investors to bet on the market before the official start of trading, rose slightly on Sunday night.
TL;DR
- Investors expect more market turbulence following a steep sell-off in technology stocks.
- Upcoming corporate earnings reports and U.S. midterm election results are key events.
- Concerns about technology companies' spending on AI infrastructure and debt financing are rising.
- Major tech companies like Alphabet, Meta, Oracle, and Amazon have seen valuation revisions.
- The average tech company's stock fell 3 percent after reporting Q3 earnings, the worst performance in 12 years.