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Tech Stocks Surge But S&P 500 Faces Second Weekly Decline, Amazon Rallies, Bitcoin Drops Below $70,000: What's Driving Markets Friday?
Viewpoint | The decline in technology stocks in the usa brings buying opportunities.
Recently, the technology sector has shown weakness, but it has not encountered any major troubles.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of Key Jobs Report
Global economy's "ksm" exports growth slowed down in October, bringing uncertainties with the usa election.
1. Friday's data showed that south korea's exports growth slowed to a seven-month low in October, below market expectations; 2. Due to the uncertainties brought by the usa election and the global economic cycle itself, the outlook of south korea's economy faces risks.
ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
Wall Street Suffers October Blues as Benchmark S&P 500 Snaps Five-month Win Streak