-
After a mixed start, Wall Street returned to a sharp correction led by the tech sector. Futures on all major U.S. indices are in the red, with Nasdaq (US100: -2.3%) and Russell 2000 (US2000: -1.9%) suffering the most. S&P 500 (US500: -1%) shows milder losses, while the value-heavy Dow Jones (US30: -0.1%) holds up best.
-
The tech selloff was triggered by AMD’s (-16%) disappointing Q1 revenue forecast, which fell short of sky-high market expectations despite a strong Q4 report. AMD posted $10.27B in Q4 revenue, above consensus, but projected roughly $9.8B for Q1—technically above…
