Analyst: US stocks are expected to rebound slightly, but tech stocks still face pressure

ChainCatcher News, according to market data from a certain exchange, Investinglive analyst Justin Low stated that as of now, US stock index futures are showing mixed performance. Yesterday, Wall Street tech stocks suffered a heavy blow, especially after Amazon released its earnings report. Today, after a decline during the Asian session, US stock index futures rebounded somewhat, with Microsoft shares rising as much as 1.6% in pre-market trading and Palantir shares up more than 5% pre-market. However, the rebound only brought slight relief; the S&P 500 index edged down yesterday, attempting to test the 100-day moving average. If tech stocks decline again, it could affect broader market sentiment.