Macro Finance
Tech Stock Selloff Deepens on Earnings, Oil Rises: Markets Wrap
Bloomberg Markets·October 29, 2026·1 min read
US stock futures fell for a second day as disappointing tech earnings accelerated a rotation out of the sector, with signs core businesses of America's tech giants are slowing amid heavy AI spending. Crude oil gained, though specific price moves weren't detailed. The selloff reflects investor concern over growth in the sector.
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