分析师: If oil prices stabilize, the U.S. tech sector could benefit

Odaily reports that Patrick Munnelly of the Tickmill Group noted 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 have prompted the market to price in a higher likelihood of rate hikes in the coming months, dampening demand for risk assets. However, he also stated that if energy prices climb further, inflation concerns could intensify, thereby weakening risk appetite. (Jin Shi)