Dip Buyers Emerge for Tech Stocks as Traders Look Past Midterms, Focus on Fundamentals
7 Articles
7 Articles
Dip Buyers Emerge for Tech Stocks as Traders Look Past Midterms
With the US midterms effectively out of the way, investors have more clarity about future policy. For the technology sector, it’s a clearing event that switches the focus back to fundamentals.
The Nasdaq index - with a high technological colour - increased by 0.83%, the expanded S&P 500 index increased by 0.36%, while the Dow Jones lost 0.38%. "The purchase of artificial intelligence (AI) values was the main driver of the market" Tuesday after a number of strong retreats marked by the return of concerns about massive investments in this technology, notes the analysts of Briefing.com. The giants of chips and other electronic components…
The New York Stock Exchange ended without clear direction on Tuesday, with investors welcoming the rebound of the technology sector in a cautious climate before the results of the mid-term parliamentary elections in the United States.
Tuesday's session on the New York Stock Exchange ended with mixed signs, as the recovery in the technology sector strengthened the investment climate, without however reducing the caution prevailing in view of the results of the midterm elections in the US. The Dow Jones industrial average fell by 197.26 points or 0.38%, closing at 51,786.72 points. On the contrary, ... More www.ertnews.gr
The New York Stock Exchange closed today without clear direction, but with investors welcoming the recovery of the technology sector, despite the context of prudence before knowing the results of the elections held today in the US.
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