US technology stocks have shown a moderate upward trend in recent days. The Nasdaq 100 climbed to a peak, while AI stocks, in particular, are in demand, reflecting the growing interest in artificial intelligence.
Background and Factors Influencing
Tariff Tug-of-War and Trade Policy
US technology stocks have been influenced in the past by the trade policy of the Trump administration, particularly by the imposition of tariffs. This led to a correction in stock prices, making some of these stocks now more favorably valued.
Stabilization of the US Dollar
The US dollar has stabilized in recent weeks, which could potentially lead to a return of capital flows into the US. This could improve the prospects for US stocks, especially tech stocks.
Market Development
The broad US stock market, such as the S&P 500, has suffered significant losses in recent months, while technology stocks were particularly affected. However, the Nasdaq has reached a peak.
The “Magnificent 7” and Their Role
The “Magnificent 7” – Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla – are key players in the technology sector. Despite the correction in the past, they could continue to be a driving force.
AI Stocks in Focus
The growing interest in artificial intelligence has led to an increased demand for AI stocks. This development could positively influence US technology stocks.
In summary, US technology stocks show a moderate upward trend despite challenges from trade policy and economic uncertainty. The focus on AI stocks could support this trend.