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Podcast  >  Morning Run  >  Market Watch  >  Why Are Tech Stocks Down?

Why Are Tech Stocks Down?

Stephen Innes, Global Chief Market Strategist, Axi

02-Nov-20 07:07

Why Are Tech Stocks Down?

The S&P 500 plunged 5.6% last week even though earnings of Big Tech including Microsoft, Amazon, and Apple all beat estimates. Stephen Innes gets into some reasons behind the selling in a sector.

We also get into his view on US earnings from last week, thoughts around the US Election, and whether he expects Bank Negara Malaysia to cut rates.

Produced by: Mike Gong

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

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Tags:  bank negarainterest ratesMPCapplefacebookmicrosoftSAPtech stocksUS electiontrumpbidenFinancial ServicesGovernment/Regulatory/Policy MakingTelecom, IT, TechnologyEconomy, MarketsTechnology news, reviewsPolitics, News, Current AffairsPersonal FinanceInvestmentsFinancial LiteracyPoliticsLaw and Legal MattersTechnologyMedical Innovation and TechnologyTechBusiness AnalysisTrends and ForecastsMarketsSocial Issues


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