BFM Podcast

Why Are Tech Stocks Down?

Tan KW
Publish date: Mon, 02 Nov 2020, 01:50 PM

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.

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