The biggest volatility gap since 2008, and the tech bull market showed signs of cooling

Comparative news, according to CNBC reports, the recent rise in technology stocks has slowed, and traders' confidence in the future market has wavered. The volatility gap between the Nasdaq 100 Index and the S&P 500 Index has widened to its highest level since the 2008 financial crisis. The main reason is that investors' willingness to buy NASDAQ put options has increased markedly, indicating a rise in concerns about a potential pullback in technology stocks, especially in the AI sector. On Thursday, semiconductor ETFs (SMH) fell more than 5%, further reflecting the weakening of the momentum of popular tech stocks in the early period. Despite this, although the enthusiasm for bullish options in the market has declined somewhat, it is still at a high level. Analysts believe that the summer market is generally calm, but the volatility of technology stocks is still expected to be higher than the general market.