JEPQ is trading at $58.37 (-1.70%) as technology stocks face pressure over whether massive AI infrastructure spending will generate adequate returns.
- Alphabet’s earnings reaction was followed by sharp after-hours declines in Intel and Amazon, adding to the sector-wide selloff.
- Nasdaq futures fell around 2%, while Asian technology markets also weakened.
- No major U.S. economic indicators are scheduled for October 30, making earnings-driven tech concerns the apparent primary catalyst.