Markets Dip as Tech Stocks Fall and Bonds Rise Before Powell Speech

1 min read
Source: Bloomberg.com
Markets Dip as Tech Stocks Fall and Bonds Rise Before Powell Speech
Photo: Bloomberg.com
TL;DR Summary

Asian technology stocks rose while US markets experienced declines, with investors awaiting Federal Reserve remarks at Jackson Hole. Tech giants faced pressure after a strong rally, raising concerns about a potential bubble, and minutes from the Fed highlighted inflation risks as a primary concern. Oil and bonds showed mixed movements amid global economic uncertainties.

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