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 >
Sector Update: Tech
Sector Update: Tech
Oct 2, 2024
01:29 PM EDT, 10/02/2024 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) rising 1.3%. The Philadelphia Semiconductor index climbed 1.6%. In corporate news, Alphabet's (GOOG) unit Waymo is offering tests of its fully autonomous ride-hailing service in Austin, Texas. Separately, Alphabet's Google...
Sector Update: Health Care
Sector Update: Health Care
Oct 2, 2024
01:31 PM EDT, 10/02/2024 (MT Newswires) -- Health care stocks were decreasing Wednesday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) shed 0.2%. In corporate news, Humana (HUM) shares tumbled nearly 12% after Leerink Partners and Stephens downgraded the stock following the company's...
Sector Update: Energy
Sector Update: Energy
Oct 2, 2024
01:26 PM EDT, 10/02/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 0.3% and the Energy Select Sector SPDR Fund (XLE) up 0.2%. The Philadelphia Oil Service Sector index was posting a 0.4% decline, and the Dow Jones US Utilities index was shedding 0.3%. US crude oil stocks, including those in the...
Sector Update: Financial
Sector Update: Financial
Oct 2, 2024
01:29 PM EDT, 10/02/2024 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index shedding 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.3%. The Philadelphia Housing Index dropped 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.7%. Bitcoin (BTC-USD) was increasing 0.6% to $61,629, and the yield...
Copyright 2023-2026 - www.financetom.com All Rights Reserved