financetom
Market
financetom
/
Market
/
Sector Update: Tech
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech
Nov 21, 2024 6:48 PM

03:26 PM EST, 11/21/2024 (MT Newswires) -- Tech stocks rose late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.4% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.1%.

The Philadelphia Semiconductor index advanced 2%.

In corporate news, Kyndryl ( KD ) shares jumped 16% after the company announced a $300 million share buyback program.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sunrun, Roivant Shares Rise Ahead of Inclusion in S&P SmallCap, MidCap Indexes
Sunrun, Roivant Shares Rise Ahead of Inclusion in S&P SmallCap, MidCap Indexes
Mar 27, 2024
12:02 PM EDT, 03/27/2024 (MT Newswires) -- Sunrun ( RUN ) shares were up more than 13% in recent Wednesday trading, while Roivant Sciences ( ROIV ) rose over 8% after S&P Dow Jones Indices said the companies will join the S&P SmallCap 600 and the S&P MidCap 400 indexes, respectively. Sunrun ( RUN ) will replace PGT Innovations (...
US STOCKS-Dow outperforms Wall Street in thin trading week
US STOCKS-Dow outperforms Wall Street in thin trading week
Mar 27, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Merck ( MRK ) up after US FDA approves therapy for rare lung condition * Trump's media firm extends gains after stellar debut * GameStop ( GME ) faces 'unsustainable' sales decline, shares slide * Indexes: Dow up 0.59%,...
Exchange-Traded Funds, US Equities Rise Amid Lower Treasury Yields
Exchange-Traded Funds, US Equities Rise Amid Lower Treasury Yields
Mar 27, 2024
12:56 PM EDT, 03/27/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 0.1%. US benchmark stock indexes were higher, while government bond yields declined after midday on Wednesday. Energy iShares US Energy ETF (IYE) rose 0.5% and Energy Select Sector SPDR (XLE) gained 0.3%. Technology...
US Equity Indexes Rise, Treasury Yields Fall in Midday Trading
US Equity Indexes Rise, Treasury Yields Fall in Midday Trading
Mar 27, 2024
12:40 PM EDT, 03/27/2024 (MT Newswires) -- US benchmark stock indexes rose after trading mixed, while government bond yields declined after midday on Wednesday. The S&P 500 climbed 0.3% to 5,218.2, hovering close to its record. The Nasdaq Composite rose 0.1% to 16,332.8, erasing earlier declines. The Dow Jones Industrial Average advanced 0.6% to 39,520.5, close to the record 40,000...
Copyright 2023-2025 - www.financetom.com All Rights Reserved