[MARKET UPDATE] US equities seeing further downside (ES -0.2%, NQ -0.7%); Tech and Communication Services continue to sell off

US equities seeing further downside (ES -0.2%, NQ -0.7%); Tech and Communication Services continue to sell off.

US equities are experiencing additional pressure, particularly in the Tech and Communication Services sectors, with the ES and NQ indices down by 0.2% and 0.7%, respectively. This ongoing sell-off reflects broader risk-off sentiment and could indicate investor concerns around growth and earnings prospects, particularly in these sectors. Traders should monitor for any catalysts that could further influence market trends or exacerbate the current downturn.