Wall St Week Ahead: Tech sell-off jolts investors


Markets will be on alert for hints of economic overheating, which could exacerbate fears that Trump's trade and immigration policies could reignite inflation. — AFP

NEW YORK: US investors rattled by this week's sharp tech sell-off will closely watch upcoming jobs data for signs of continued economic resilience, which could fuel inflationary concerns already stoked by President Donald Trump's policies.

The January nonfarm payrolls report due next week will signal whether the labour market remains buoyant despite high borrowing costs. The Federal Reserve left interest rates unchanged on Wednesday, citing a strong economy and inflation still above its 2% target.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Ringgit likely to trade cautiously next week ahead of key US data
Towards work-life mastery
Handling non-public info properly
Broadening Malaysia’s trade
US LNG exporters lead in gas use
Powering a new reinvestment cycle as demand surges
AI in the layman’s eye
Jinhua – a trading hub without borders
Asia bonds for diversification
Watts from water

Others Also Read