Investors Urged to Wait Out Tech Selloff After Election Rally
Tech stocks slide as the post-election rally fades. Moomoo Australia's Tapas Strickland advises caution until the selloff settles in the coming days.
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what happened
According to Market Talk, the euphoria from the rally that followed the US election is quickly evaporating. A broad tech-led selloff has spread across global equities. Tapas Strickland, chief market strategist at Moomoo Australia, believes automated funds are selling into a market with few buyers. He advises investors to stay cautious until things settle in the next few days.
In his view, data center development will continue, since the US will not give ground to China in the AI race. Still, investors may need to revise their expectations toward a longer and slower AI infrastructure buildout.
why it matters
This matters for markets because the tech sector sets much of the tone for the S&P 500. Rate expectations add pressure too: according to CME, futures put the odds of a Fed hike in December at 65%, while the 10-year Treasury yield stood at 4.836%. Such conditions make growth stocks more sensitive to monetary policy news.
market impact
US tech stocks: the selloff weighs on the sector, especially AI-linked companies
- US tech stocks pressure down — selling into a market without buyers pressures prices
tags
instruments
sources
- Investors Should Wait for Dust to Settle on Tech Selloff — Market Talk, 5 November 2026 at 23:00 UTC
- Investors Should Wait for Dust to Settle on Tech Selloff — Market Talk, 5 November 2026 at 23:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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