1/22 Trade Talk:Weakened Tech Stocks Cause Market Slide

2021-01-22

S&P Futures are trading lower this morning as tech stocks are displaying weakness in pre-market trading. With the Biden administration being more transparent on the Coronavirus front, we are starting to see reaction in equities this morning. There's new additional lockdown measure in Hong Kong, distribution issues with the vaccines and new mandates on quarantine for international travels arriving to the US that are creating a sense of concern. Additionally, Republican lawmakers are pushing back...

S&P Futures are trading lower this morning as tech stocks are displaying weakness in pre-market trading.

With the Biden administration being more transparent on the Coronavirus front, we are starting to see reaction in equities this morning. There's new additional lockdown measure in Hong Kong, distribution issues with the vaccines and new mandates on quarantine for international travels arriving to the US that are creating a sense of concern.

Additionally, Republican lawmakers are pushing back on the latest stimulus package as they feel that it is too soon to introduce another round of stimulus.

Tune in to see what's moving Friday's market and where to trade to end up in green.

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