Financial Market Preview - Wednesday 20-Aug
Update: 2025-08-20
Description
S&P futures are pointing to a slightly lower open today, down (0.2%). Asian markets traded lower on Wednesday, led by steep losses in tech-heavy benchmarks, and European markets have also opened softer. Global technology stocks experienced a sell-off after a strong rally driven by bullish AI earnings, with major tech and AI-related stocks like SoftBank, Advantest, and SK Hynix among the biggest decliners.
Companies Mentioned: Chevron, Intel, Apple
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