Sector Update: Tech-March 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Tech

Jul 2, 2024 6:18 AM

08:46 AM EDT, 07/02/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was down 0.7% and the SPDR S&P Semiconductor ETF (XSD) recently fell by 10%.

Versus Systems ( VS ) surged past 68% after the company announced a strategic restructuring and the appointment of Curtis Wolfe as interim chief executive officer starting immediately.

Previous page： Sector Update: Energy Next page： Top Midday Stories: Darden Partners With Uber for Deliveries; FTC Issues Scathing Report on Social Media, Streaming Companies

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.

Show More Comments

Related Articles >

Sector Update: Energy

Sep 26, 2024

01:29 PM EDT, 09/24/2024 (MT Newswires) -- Energy stocks were mixed Tuesday afternoon, with the NYSE Energy Sector Index rising 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.1%. The Philadelphia Oil Service Sector index was posting a 0.5% increase, and the Dow Jones US Utilities index was shedding 0.7%. Front-month West Texas Intermediate crude oil was rising...

Top Midday Stories: Darden Partners With Uber for Deliveries; FTC Issues Scathing Report on Social Media, Streaming Companies

Sep 26, 2024

12:13 PM EDT, 09/19/2024 (MT Newswires) -- All three major US stock market indexes were up in late-morning trading Thursday, with the Nasdaq Composite leading the way, surging 2.7%, as Wall Street reacts to the Federal Reserve's decision to lower interest rates by 50 basis points. In company news, Darden Restaurants ( DRI ) and Uber Technologies ( UBER )...

US Equity Indexes Jump as Fed's Big Rate Cut Injects Energy Into Magnificient-7 Trade

Sep 26, 2024

12:42 PM EDT, 09/19/2024 (MT Newswires) -- US equity indexes rose midday Thursday as high-growth sectors such as technology and communication services advanced after the Federal Reserve opted to go big as it eased monetary policy for the first time in four years. The S&P 500 index jumped 1.8% to 5,719.5, with the Nasdaq Composite up 2.8% to 18,060.5 and...

Sodexo Reportedly Explores Acquisition of US Rival Aramark, Shares Surge Over 10% In After-Hours Trading

Sep 25, 2024

French food services and facilities management company Sodexo is reportedly exploring a potential purchase of its U.S.-based rival Aramark ( ARMK ) . The Philadelphia-based food service company’s shares surged more than 10% in after-hours trading following the acquisition report. What Happened: The talks of acquisition by Sodexo have been ongoing in recent months. However, Sodexo would need to secure funds...