U.S. Tech Stocks Fall as Traders Fear Inflation Shock -- Market Talk

Dow Jones03-02 18:04

1004 GMT - The tech-heavy Nasdaq leads blue-chip U.S. indexes lower premarket as investors weigh the risk of an inflation shock resulting from conflict in the Middle East, Swissquote's Ipek Ozkardeskaya writes. "A sustained oil spike could lift inflation expectations and bond yields, pressuring long-duration growth valuations by raising discount rates," Ozkardeskaya says. "That matters for companies like Nvidia, Microsoft, Apple, and Alphabet, whose multiples are sensitive to future revenues and real yields." Nvidia falls 1.6% premarket, while Alphabet and Apple drop 2.7% and 1.2%, respectively. Futures for the Nasdaq are down 1.5%.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

March 02, 2026 05:04 ET (10:04 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment