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Sector Update: Tech
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Sector Update: Tech
Oct 21, 2024 6:42 AM

08:53 AM EDT, 10/21/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was 0.5% lower and the SPDR S&P Semiconductor ETF (XSD) was up 1.2% recently.

JinkoSolar Holding ( JKS ) shares were over 1% higher after the company said its Jinko Solar unit plans to issue 1 billion A shares of stock at 1 Chinese renminbi ($0.14) per share in the form of global depositary shares representing 10 shares, to be listed on the Frankfurt Stock Exchange in Germany.

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