US EQUITY OPEN: NDX lags as MSFT weakness weighs on Tech, despite stellar META report
The divergence in US equity performance highlights that while Meta's strong earnings have buoyed sentiment in the tech sector, Microsoft’s weakness is dragging down the broader technology index.
US Factory Orders ex Transportation (Nov) 0.2% (Prev. -0.1%, Rev. From -0.2%)
US Factory Orders MoM (Nov) M/M 2.7% vs. Exp. 1.6% (Prev. -1.3%, Low. 0.0%, High. 7.0%)
US EQUITY OPEN: NDX lags as MSFT weakness weighs on Tech, despite stellar META report
SNB's Schlegel says domestic growth is more resilient than expected. Domestic price pressure have barely moved.
Tesla's (TSLA) CEO Musk on X says Optimus 4 will be built in Texas at a much higher volume
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This mixed signal suggests potential volatility in tech stocks moving forward, particularly with investors weighing the implications of these contrasting earnings reports on future sector performance and overall market direction.
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