Post #15244

Fear Creeps Into Tech Stocks are cooling off again this morning as traders take a breather from the AI-mania that’s been driving markets to extremes. After yesterday’s shake-up, futures are pointing lower once again — especially tech — as stretched valuations finally get questioned and investors look to fresh jobs data for clues on the labor market. The S&P has been trading at sky-high multiples, and when the market’s priced for perfection, even a sprinkle of doubt can spark a pullback — exactly what we’re seeing with chip names and AI plays giving back ground. Meanwhile, the ongoing U.S. data blackout from the shutdown has everyone flying blind. In short: froth + uncertainty = caution. Bulls aren’t gone, but the market’s mood is shifting from “AI rocket ship” to “prove it.”