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
Oct 10, 2024 11:21 PM

01:37 PM EDT, 10/10/2024 (MT Newswires) -- Tech stocks were mostly decreasing Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) little changed and the SPDR S&P Semiconductor ETF (XSD) falling 1.1%.

The Philadelphia Semiconductor Index shed 0.4%.

In corporate news, CrowdStrike ( CRWD ) and Plurilock Security said Thursday they are partnering on an offering to secure critical infrastructure in "democratic nations and economies" against cybersecurity threats. CrowdStrike ( CRWD ) shares jumped 4%.

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 >
US STOCKS-Trump's incoming tariffs rattle US stock futures
US STOCKS-Trump's incoming tariffs rattle US stock futures
Mar 31, 2025
* Futures down: Dow 0.6%, S&P 500 0.91%, Nasdaq 1.27% (Adds gene therapy stocks, Russell 2000 futures move) By Sruthi Shankar and Pranav Kashyap March 31 (Reuters) - U.S. stock index futures tumbled on Monday as investors shied away from risky assets amid mounting concerns that the Trump administration's upcoming announcement of extensive tariff plans could hurt the global economy....
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Mar 31, 2025
(Reuters) -Shares of U.S. biotech companies fell as much as 10% premarket on Monday following reports that a top vaccine official at the U.S. Food and Drug Administration had resigned, fanning worries over slower reviews for breakthrough treatments. Peter Marks, who played a key role in U.S. President Donald Trump's first term in developing COVID-19 vaccines, will leave effective April...
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Mar 31, 2025
(Reuters) -Shares of U.S. biotech companies fell as much as 10% premarket on Monday following reports that a top vaccine official at the U.S. Food and Drug Administration had resigned, fanning worries over slower reviews for breakthrough treatments. Peter Marks, who played a key role in U.S. President Donald Trump's first term in developing COVID-19 vaccines, will leave effective April...
Trump's incoming tariffs rattle US stock futures
Trump's incoming tariffs rattle US stock futures
Mar 31, 2025
(Reuters) -U.S. stock index futures tumbled on Monday as investors shied away from risky assets amid mounting concerns that the Trump administration's upcoming announcement of extensive tariff plans could hurt the global economy. Global stocks fell sharply, gold prices scaled new highs and U.S. Treasuries rallied after U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set...
Copyright 2023-2026 - www.financetom.com All Rights Reserved