星球日报|Jul 15, 2026 09:07
[Analyst: U.S. Tech Sector May Benefit if Oil Prices Stabilize]
Odaily Planet Daily News – Patrick Munnelly of Tickmill Group pointed out in a report that if oil prices stabilize and investors lower their expectations for Federal Reserve rate hikes, the U.S. tech sector could benefit. Previously, rising oil prices had prompted market pricing to reflect a higher likelihood of Fed rate hikes in the coming months, which weakened demand for risk assets. However, he also noted that if energy prices climb further, inflation concerns could intensify, thereby dampening market risk appetite. (Jin10)
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