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Caution Urged as Markets Navigate Pre-Market Gains Amid Tech Losses

Published 2024-11-01, 08:55 a/m
INTC
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MSFT
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AMZN
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In today’s pre-market analysis, we report that stock index futures and commodities are trading higher. While economic numbers expected later this morning may influence the market’s direction, yesterday’s losses have weighed on weekly performance across sectors, especially technology, where losses exceed two percent.

We also highlight key trends, such as increased VIX levels, reflecting heightened market concerns. Stocks like Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Intel (NASDAQ:INTC) are up slightly in pre-market trading, though not enough to offset recent drops. Canadian markets and various commodities—such as oil, platinum, and silver—also experienced sell signals. We advise caution as investors await the day’s employment data to shape market sentiment.

This content was originally posted on the Stock Market Timing YouTube Channel

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