Volatility spillovers, structural breaks and uncertainty in technology sector markets

This study uses the dynamic conditional correlation to investigate how technology subsector stocks interact with fnancial assets in the face of economic and fnancial uncertainty. Our results suggest that structural breaks have diverse efects on fnancial asset connectedness and that the level of bond linkage increases when the trend breaks. We see a growing co-movement between the technology sector and major fnancial assets when uncertainty is considered. Overall, our fndings indicate that the connectedness response varies depending on the type of uncertainty shock.