Tech stocks likely to be under pressure after Apple downgraded

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Tech stocks likely to be under pressure after Apple downgraded

CNBC
Mizuho downgraded Apple to neutral from buy Sunday. Nasdaq 100 futures pointed to more losses Monday.

Asian markets slip as tech-stock selloff spreads

MarketWatch
Tech stocks have been on a hot streak in Asia as well, with some gaining nearly 70% year-to-date, driven by the optimism overseas as well as solid earnings.

Tech stocks set to slump again, as Nasdaq-100 futures drop

MarketWatch
“All eyes will be on the U.S. tech giants when the U.S. stock markets open,” said Kathleen Brooks, research director at City Index, in a note.

Tech sell off spreads to Europe and Asia, politics lift euro

Reuters
The pan-European STOXX 600 was down 0.6 percent, supported by modest gains in oil prices, which lifted shares in energy stocks, and by first round French parliamentary election results which look set to give President Emmanuel Macron a huge majority to …

GE is the worst performing Dow stock since Immelt became CEO

MarketWatch
Of all companies that remain in the Dow Jones Industrial Average DJIA, +0.42% since Sept. 7, 2001, when Jeffrey Immelt took over as chief executive officer of General Electric & Co.

Tech Stock Selloff Spreads to Asia – Barron’s

Barron’s
Hong Kong’s benchmark Hang Seng Index slipped as much as 0.55% as the gauge was dragged down by heavy selling in tech heavyweights Tencent (700.

A Tech Stock Correction Has Been Long Overdue — Don’t Expect an Imminent Crash, However

TheStreet.com
That has definitely been the case for the big tech stock rally seen since an early-2016 swoon that now feels like a distant memory.

Futures: Big Techs Extend Losses; Watch These 4 Stocks | Stock …

Investor’s Business Daily
Futures for the Dow Jones industrial average, S&P 500 index and Nasdaq 100 fell slightly early Monday morning after leading tech stocks such as Apple (AAPL), …

As stocks hit records, Wall Street ponders next 10% dive

USA TODAY
The spookiness factor has largely been absent from Wall Street. But that doesn’t mean investors should assume nothing can go wrong and that stocks won’t go down. It’s been 15 months since the Standard & Poor’s 500 stock index had its last scare, a 14.2

‘Horrendous storm’ to hit stocks, Wall Street not rational: David …

CNBC
“This is one of the most dangerous market environments we’ve ever been in. It’s the calm before a gigantic, horrendous storm that I don’t think is too far down the …

Sell for the summer as the stock market’s next 5% move is down, Deutsche Bank says

MarketWatch
The Deutsche Bank strategists also said they are cutting back on stocks. “In accordance with the change of our S&P directional view from balanced risk to down, we tactically lower our equities allocation from 70% to 60%,” they wrote.

These Are 5 Dow Stocks To Watch This Week As Apple Toes The Line

Investor’s Business Daily
Apple had been forming a shallow base with a potential buy point at 156.75, but as tech stocks sold off Friday, the iPhone maker is facing a test at the key 50-day line.

Even the big technology companies look too much like 1999 to not sell some stocks

CNBC
Technology stocks including Apple, Amazon, Netflix and Alphabet tanked by more than 3 percent on Friday. Investors may have begun a delayed rotation into some underperforming sectors like financials and energy, which were both higher this week.

Nintendo Switch Is In Stock at This Store — For Now

Money Magazine
Nintendo Switch, the popular new gaming console that has been selling out everywhere, is in stock at Target for a very limited time.

US Stock Markets Hit Record Highs, but Tech Stocks Tumble

Breitbart News
Bouroujerdi suggested that stock traders consider that after the 500 percent gain for the tech-heavy NASDAQ index during the Dot-Com bubble, which lasted from 1995 to 2001, the Dot-Com bust that lasted until 2003 saw the NASDAQ lose 85% of its …

There Could Be a Powerful Force About to Rip Through the Stock Market That Rattles Nerves

TheStreet.com
“The so called Trump trade — which is made up of mostly value stocks such as financials and industrials — stalled, and perhaps the Comey testimony with no smoking gun was the trigger to unwind that trade.

There’s a fight brewing in academia over which political party is better for the stock market

CNBC
Does the stock market perform better under a Democrat or Republican president? The answer might not be as simple as you’d think.

CEE MARKETS-Zloty eases ahead of CPI data, Poland leads bank stock slide

Reuters
Zloty eases, CPI figures may underpin central bank doves * Polish markets will be closed on Thursday * Warsaw bank stock index shed 2 pct, leading fall of CEE shares By Sandor Peto and Bartosz Chmielewski BUDAPEST/WARSAW, June 12 Warsaw bank …

Cramer sifts through CB&I’s mess to find what’s pushing the Trump stock lower

CNBC
As President Donald Trump’s “Infrastructure Week” comes to a close, Jim Cramer decided to take a closer look at one perceived Trump stock that has been struggling of late. “What in the world is going on with Chicago Bridge & Iron, CBI, the once-great …

Dow, Russell 2000 Hit New Highs; Uneven Finish for US Stocks

New York Times
Wall Street turned in an uneven finish Friday as investors unloaded their technology company shares in favor of energy and financial stocks. The tech-heavy Nasdaq composite, which has outpaced gains by other U.S. stock indexes this year, fell the most.

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