U.S. stocks have been miserable this week, with the S & P and the Nasdaq falling for four days in a row, hitting three-month and seven-month lows, respectively. The Dow fell for six days in a row, wiping out all gains since December, and the Nasdaq posted its worst weekly performance since October 2020.

From a market point of view, large-scale technology stocks led the decline in the U. S. stock sector this week.Us streaming giant Netflix Inc was the first to kick off the earnings season for large-scale technology stocks, but "got off to a bad start" after announcing results, closing down 21.79% on Friday.

In addition, Meta fell 8.7% throughout the week, down 20% from its new closing high last September to a technical bear market. Apple Inc and Amazon.Com Inc both fell for four days in a row, down 6 per cent and 12 per cent respectively for the whole week. Microsoft Corp lost $300 to a three-month low, down 4.6 per cent for the week.

FAAMNG star technology stocks have had their worst weekly performance since the epidemic.

The market is keeping an eye on Apple Inc and Microsoft Corp next week.

Next week, Apple Inc and Microsoft Corp and other heavyweight technology stocks will announce results, coupled with the Federal Reserve interest rate resolution boots will also fall to the ground, can US stocks hit bottom and rebound?

The market has focused on the quarterly results to be released by Apple Inc and Microsoft Corp.Is it a continuation of Netflix Inc's bad start, or can he fight a beautiful turnaround?

Some analysts said that as the epidemic improved, home concept stocks returning to normal life fell to the altar.The disappearance of the concept of home will dampen the prospects of technology companies.

Wall Street mentioned earlier that the decline in home demand corresponds to many branches of the technology sector, and the agency expects sales of consumer electronics such as the PC to slow.

In addition,Bearish sentiment exacerbated the decline in U. S. stocks.Luca Paolini, chief strategist at Patek Asset Management, said:

At some point, the impact of the performance of the technology sector on other areas is inevitable. Once the mood is hit by losses, everything else will fall.

This makes the market more nervous about the upcoming results of heavyweight technology stocks such as Apple Inc and Microsoft Corp.

Gene Munster, co-founder of Loup Ventures, saidThe technology sector will be in a tense state until heavy technology stocks such as Apple Inc and Microsoft Corp announce their results.

Do technology stocks have a chance to rebound?

Since the outbreak of the COVID-19 epidemic in 2020, US stocks have been outstanding under the "opening floodgates" of the Federal Reserve and the US Treasury, but in the face of inflation levels that have repeatedly broken record highs, Fed officials have begun to release eagles frequently. The market's expectation of raising interest rates in advance has put pressure on US stocks, US bond yields have soared, and technology stocks that rely on future cash flow are in jeopardy.

However, some analysts are still more optimistic about the outlook for the U. S. technology sector.

Although US stocks have plummeted recently, especially technology stocks with high valuations, UBS saidThe stronger dollar may be one of the reasons for the decline in profit margins of some large technology companies, and the outlook for future earnings growth in the technology sector is expected to remain positive.