Tech Stocks Slide Ahead of May CPI Report
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- WSJ reported tech stocks slid ahead of the May CPI report.
- U.S. self‑defense strikes on Iran caused stock futures to slip.
Why it matters: Tech investors see immediate losses as equities tumble, while traders in U.S. futures face tighter spreads after the Iran strikes, underscoring how inflation expectations and geopolitical flashpoints can quickly reshape market pricing. The dual shock also pressures risk‑off assets, prompting portfolio managers to reassess exposure ahead of the CPI release.
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