TradingKey – As geopolitical conflicts ease significantly, technology stocks have faced a sell-off, weighing on market sentiment. Under traditional macro analysis frameworks, falling oil prices typically correspond to a mitigation of inflationary pressures and a recovery in market risk appetite, which in theory should provide positive support to the stock market.

However, the market failed to see the expected rebound. As of press time, the three major U.S. stock indexes fell across the board, with the Dow Jones Industrial Average down 0.05% at 51,684.44 points, the Nasdaq Composite down 1.48% at 25,779.97 points, and the S&P 500 down 0.99% at 73,999.08 points.

[Source: FutuBull]

The core logic behind this is that the main market pricing…