**US Stock Market Slips Amid Tech Valuation Concerns and Federal Reopening**
**US Stock Market Slips Amid Tech Valuation Concerns and Federal Reopening**
The US stock market experienced a slight decline on Monday, with the S&P 500 and Nasdaq indices falling as investors expressed concerns over the valuation of tech companies. The market's dip comes as the federal government prepares to reopen after a brief shutdown.
The S&P 500, a widely followed benchmark for the US stock market, slipped 0.4% to 4,663.41, while the Nasdaq Composite Index, which is heavily weighted towards tech stocks, fell 0.7% to 14,753.95. The Dow Jones Industrial Average also declined, dropping 0.3% to 34,351.41.
**Tech Valuation Concerns**
The decline in the tech-heavy Nasdaq index suggests that investors are growing increasingly cautious about the valuation of tech companies. This concern is driven by the fact that many tech stocks have experienced significant price gains in recent years, leading to concerns that they may be overvalued.
**Federal Reopening**
The federal government's reopening is expected to provide a boost to the US economy, as it will allow for the resumption of government services and the release of funds that were frozen during the shutdown. However, the
Kaynaklar: reuters.com