U.S. stock market three major indices start declining altogether...Weakness focused on technology stocks

On the 8th (local time), the New York stock market in the United States started with a decline.

The S&P500 index opened down -0.32%, the Nasdaq index down -0.49%, and the Dow Jones Industrial Average down -0.06%.

The market is analyzed to be experiencing a contraction in investment sentiment as the uncertainty of the Federal Reserve's monetary policy resurfaces following the release of employment indicators. Particularly, while the decline in the technology stock-centered Nasdaq is relatively large, semiconductor and AI-related stocks are being adjusted.

Investors are paying attention to the Federal Reserve Board members' speeches and price indicators scheduled for this week, and market expectations for the possibility of a year-end rate cut are somewhat subdued.

Meanwhile, the Bitcoin and major cryptocurrency markets, which had shown strength until recently, are also undergoing adjustments, and there is an increasing sense of caution regarding risky assets overall.