ChainCatcher News, according to Gate market data, Investinglive analyst Justin Low stated that so far, U.S. stock index futures are mixed. Yesterday, Wall Street tech stocks suffered a heavy decline, especially after Amazon released its earnings report. Today, U.S. stock index futures rebounded after an initial drop during the Asian session, with Microsoft stock price rising by 1.6% pre-market and Palantir stock price increasing by over 5% pre-market. However, the rebound only provided slight relief; the S&P 500 index dipped slightly yesterday, attempting to test the 100-day moving average. If tech stocks decline again, it could impact broader market sentiment.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analyst: U.S. stocks are expected to rise slightly, but technology stocks still face pressure
ChainCatcher News, according to Gate market data, Investinglive analyst Justin Low stated that so far, U.S. stock index futures are mixed. Yesterday, Wall Street tech stocks suffered a heavy decline, especially after Amazon released its earnings report. Today, U.S. stock index futures rebounded after an initial drop during the Asian session, with Microsoft stock price rising by 1.6% pre-market and Palantir stock price increasing by over 5% pre-market. However, the rebound only provided slight relief; the S&P 500 index dipped slightly yesterday, attempting to test the 100-day moving average. If tech stocks decline again, it could impact broader market sentiment.