Why Are Tech Stocks Down?
Stephen Innes, Global Chief Market Strategist, Axi
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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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