Suddenly Wall Street is getting a bit nervous. Here are two ways to prepare for potential turbulence.

Wall Street is showing signs of nervousness, with strategists at Citadel Securities and JPMorgan turning temporarily cautious. Despite this, some analysts remain optimistic about tech stocks, citing strong earnings growth from major companies in the sector. According to Yahoo Finance, global technology equity funds have attracted $195 billion in inflows over the last 12 months, with tech funds dominating global investor demand.

The earnings engine for some of the biggest names in tech continues to work overtime, with the "Magnificent 7" companies - Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla - exceeding earnings estimates by 66.2% in the second quarter. This is significantly higher than the 26.5% beat for all S&P 500 companies, according to data from FactSet.

US stocks weakened on August 31, with investors processing a hawkish tone from US Federal Reserve Chair Kevin Warsh at the Jackson Hole Symposium and a war-related jump in crude prices reviving inflation fears. Despite a broad sell-off, all three major US stock indexes posted monthly gains, with the Nasdaq showing the largest percentage growth for August.

Brief written by urgent.news from MarketWatch Top, Yahoo Finance, The Business Times - Companies & Markets, Straits Times Business — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.