The technology sector reports declines, how to take advantage of this?

Technical Nasdaq Composite fell 1.3 percent. Shares on Facebook and Netflix dropped by 3.6% and 5%, respectively. Amazon decreased by 1.6% and Alphabet by 1.5%. Nasdaq was also on its way to the biggest three-day drop since the end of March.

S & P 500 declined by 0.5% after the technical sector reported losses of 1.9%. Dow Jones fell by 100 points after Microsoft dropped by 2%.

Commercial concerns also shook investors today after Canada, the European Union, Japan, Mexico and South Korea will meet next week to discuss a response to threats made by President Trump on US import tariffs.

"I think the market is in nerve times," says Peter Cardillo, chief market economist at Spartan Capital Securities. "These tariffs affect revenue reports and will ultimately hit consumers, and consumer confidence will be reduced once this happens."

Wall Street has looked at the Fed meeting, which should start on Tuesday. Market expectations for an interest rate increase are only 3%, but investors will look for clues to normalize central bank policy.

We can expect the Asian Stock Exchange session, the shares of the technology sector continue with bad performance.

Source: CNBC

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