Market Outlook: Tech Slips and Fed's Jackson Hole Summit Ahead
TL;DR
Futures for major stock indexes are down amid a tech sector pullback driven by the decline of the 'Magnificent Seven' stocks and concerns over AI rally sustainability, with market focus also on Fed Chair Powell's upcoming speech and retail earnings reports from Walmart and others.
- Dow Set to Open Down Ahead of Fed's Jackson Hole Summit Barron's
- Stock market today: Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty Yahoo Finance
- Morning Bid: Tech fright calms but Fed pressure grows Reuters
- CNBC Daily Open: Tech sell-off? Investors could just be taking profit and enjoying the summer CNBC
- AI and tech stocks slide as summer rally peters out CNN
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