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U.S. stock futures were rising Tuesday and European shares bounced back as investors eased back into the tech sector a following a two-day selloff.

Author:: TheStreet Staff
Publish date:: Jun 13, 2017 9:11 AM EDT

U.S. stock futures were rising Tuesday, June 13, and European shares bounced back as investors eased back into the tech sector a following a two-day selloff.

Wall Street endured another bruising day on Monday, June 12, as a tech selloff pulled the Nasdaq 0.52% lower. The S&P 500 declined 0.10%, and the Dow Jones Industrial Average fell 0.17%.

The sudden selloff in tech shares on Monday and Friday, June 9, was partially tied to a note from Goldman Sachs that said low volatility in Facebook Inc. (FB) - Get Report , Amazon Inc. (AMZN) - Get Report , Microsoft Corp. (MSFT) - Get Report and Google parent Alphabet Inc. (GOOGL) - Get Report may be blinding investors to risks including regulation and cyclicality. The firm cautioned investors not to think of the sector as a safe haven.