📊 Wall Street: Rebound after pressure on the tech sector
On October 19, Nasdaq futures rose about 1.2%, and S&P 500 futures about 0.7%, as buyers cautiously returned ahead of major company earnings.
But the rebound does not dispel concerns about AI spending and tech company valuations.
🔹 Strong results and positive forecasts could support a continued recovery.
🔹 Disappointing results or concerns about earnings could bring back volatility.
🎯 Outlook for the coming days: The direction may be determined by company results and their ability to turn massive AI spending into profits.
Will the rebound prove strong, or is it merely a pause after the decline?
#WallStreet #Nasdaq #SP500#Stocks
$NVDAB
$AMZNB
On October 19, Nasdaq futures rose about 1.2%, and S&P 500 futures about 0.7%, as buyers cautiously returned ahead of major company earnings.
But the rebound does not dispel concerns about AI spending and tech company valuations.
🔹 Strong results and positive forecasts could support a continued recovery.
🔹 Disappointing results or concerns about earnings could bring back volatility.
🎯 Outlook for the coming days: The direction may be determined by company results and their ability to turn massive AI spending into profits.
Will the rebound prove strong, or is it merely a pause after the decline?
#WallStreet #Nasdaq #SP500#Stocks
$NVDAB
$AMZNB