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Us Technology Stocks

All articles tagged with #us technology stocks

finance1 year ago

"Citi Warns of Tech Stock Selloff Risk Due to Stretched Positioning"

Citigroup Inc. strategists warn that bullish investor positioning in US technology stocks could lead to a wider market rout if a selloff occurs, with wagers on declines in tech-heavy Nasdaq 100 futures completely erased. Despite a rally in US stocks and record highs in the S&P 500, caution is growing due to signals that the Federal Reserve may not cut interest rates as early as March, leading to stalled bullish trends in S&P 500 futures.

finance2 years ago

Bank of England Raises Concerns Over Overvalued Tech Stocks and Global Asset Prices

The Bank of England has warned that valuations for U.S. technology stocks may be too high given the current macroeconomic backdrop and spike in interest rates. The central bank stated that stretched risky asset valuations increase the likelihood of a greater correction in prices if downside risks to growth materialize. This comes as many popular technology stocks trade at a sharp premium to the S&P 500, and credit spreads for U.S. Dollar-denominated high-yield and investment grade bonds are more compressed than their Euro or Sterling equivalents. While central banks generally avoid commenting on specific market prices, the Bank of England's warning highlights concerns about the potential vulnerability of U.S. tech stock valuations.