# Here’s What’s Driving The Sell-Off In Stocks

> Investors sold tech stocks, especially enterprise software, after businesses were reported to be delaying major software investments due to Covid-19. Concerns grew that these firms may not be as insulated from the pandemic as previously believed.

- Date: 2020-10-29 · published 2020-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8193-here-s-what-s-driving-the-sell-off-in-stocks
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The software spending slowdown affects technology equities rather than agricultural supply or demand. It has no direct price implication for feed commodities.

## Sources

- forbes.com: https://www.forbes.com/sites/danrunkevicius/2020/10/29/the-stock-market-is-on-the-edge-of-a-historic-crash/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.