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
Jul 15, 2024 11:01 AM

01:38 PM EDT, 07/15/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) rising 1%.

The Philadelphia Semiconductor index shed 0.1%.

In corporate news, Alphabet (GOOG) is in talks to buy cybersecurity firm Wiz for about $23 billion, news outlets reported Sunday. Alphabet shares rose nearly 1%.

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 >
TSX Slumps at Midday With Commodities Posting Biggest Declines; Telecoms The Sole Gainer
TSX Slumps at Midday With Commodities Posting Biggest Declines; Telecoms The Sole Gainer
Sep 3, 2024
12:17 PM EDT, 09/03/2024 (MT Newswires) -- The TSX is down 282 points at midday, with nearly all sectors lower. This comes after Canada's main stock market on Friday closed just shy of Monday's record close. The biggest decliners today are miners, down 6.4% and energy, down 3%. Telecoms, and healthcare, both up 0.4%, are the sole gainers. Oil prices...
Top Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite Filing Delay
Top Midday Stories: Boeing Shares Fall on Wells Fargo Downgrade; Super Micro Computer Doesn't Foresee Material Changes to Earnings Despite Filing Delay
Sep 3, 2024
11:57 AM EDT, 09/03/2024 (MT Newswires) -- All three major US stock indexes were down over 1% in late-morning trading Tuesday as new manufacturing data revived concerns about the health of the US economy. The Institute for Supply management's US manufacturing index rose to 47.2 in August from 46.8 in July but came in below expectations for a 47.5 reading...
Exchange-Traded Funds, US Equities Lower After Midday Trading
Exchange-Traded Funds, US Equities Lower After Midday Trading
Sep 3, 2024
12:56 PM EDT, 09/03/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower Tuesday. Actively traded Invesco QQQ Trust (QQQ) fell 2.3%. US equity indexes were down after midday trading amid concerns about the health of the US economy following weak manufacturing data. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE)...
US Equity Indexes Decline as Technology Sinks Amid Volatility Spike
US Equity Indexes Decline as Technology Sinks Amid Volatility Spike
Sep 3, 2024
12:58 PM EDT, 09/03/2024 (MT Newswires) -- US equity indexes fell after midday Tuesday as technology shares slumped alongside a volatility spike. The S&P 500 dropped 1.5% to 5,561.5, with the Nasdaq Composite down 2.5% to 17,269.1 and the Dow Jones Industrial Average 1.2% lower at 41,077.4. The US observed the Labor Day on Monday. Technology sat at the bottom...
Copyright 2023-2026 - www.financetom.com All Rights Reserved