Reported 27 days ago
Asian equities are expected to drop following a tumultuous session on Wall Street where mixed earnings from major tech companies, including a 2% fall in Apple due to weak sales in China and a 4% rise in Amazon on positive forecasts, left traders uncertain. The S&P 500 saw a 1.9% decline, cutting its October gains, while rising concerns about the impact of upcoming US elections and Federal Reserve decisions added to market volatility. Investors are advised to diversify their tech investments and consider sectors beyond AI-related stocks.
Source: YAHOO