Stocks may come under pressure in early trading on Friday amid continued weakness in the tech sector. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent.
Extended weakness among chip stocks may weigh on Wall Street, as reflected by the 1.3 percent slump by the tech-heavy Nasdaq 100 futures.
Yesterday’s negative reaction to Broadcom’s (AVGO) guidance may continue to generate selling pressure amid concerns about valuations.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Business News
U.S. Stocks May Move To The Downside In Early Trading
2026-06-05 12:57:17
