Stocks are being routed as tech undergoes a re-rating. Here are the key drivers behind the shakeup

The stock market is facing several issues: a tech re-rating, a slower economy, a seasonally weak period and an uncertain presidential outcome. Big cap tech is getting re-rated This is what happens when the market gets top-heavy in technology. Like the pros say, when you get a correction in a concentrated market, you take the stairs up and the elevator down. Prices for megacap tech stocks have run up dramatically in hopes of outsized earnings.

chief investment strategist Sam Stovall seems to agree. "The 'certainty' of the Trump trade appears to be fading," he wrote in a note to clients. "In the near term, investors may end up being frozen by indecision until clarity improves on a multitude of issues, such as industry regulation, medical insurance, corporate and individual tax policy, and defense spending, just to name a few.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks fall to end the week — but this time the market rotation is not to blameEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

3 Stocks That Can Benefit From CrowdStrike’s BlunderStocks Analysis by The Tokenist (Timothy Fries) covering: Broadcom Inc, Fortinet Inc, Palo Alto Networks Inc, CrowdStrike Holdings Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

IT Hardware/Networking stocks: Q2 earnings previewIT Hardware/Networking stocks: Q2 earnings preview
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Citi remains bullish on US stocks but cuts international equity riskCiti remains bullish on US stocks but cuts international equity risk
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Morgan Stanley is pounding the table for these stocks, including Apple, ahead of earningsThe firm named some of its favorite stocks to buy ahead of quarterly results.
La source: CNBC - 🏆 12. / 72 Lire la suite »