01:38 PM EDT, 05/23/2024 (MT Newswires) -- Tech stocks were lower Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) down 1.2%. The Philadelphia Semiconductor index rose 0.8%. In corporate news, Nvidia ( NVDA ) surged almost 12% after the chipmaker reported stronger-than-expected Q1 results and issued upbeat guidance. ...

01:34 PM EDT, 05/23/2024 (MT Newswires) -- Energy stocks were declining Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.3% and the Energy Select Sector SPDR Fund (XLE) down 0.5%. The Philadelphia Oil Service Sector index was shedding 0.6%, and the Dow Jones US Utilities index was falling 1.1%. Front-month West Texas Intermediate crude oil was declining 1.3% to...

01:25 PM EDT, 05/23/2024 (MT Newswires) -- US equity indexes traded mixed while government bond yields jumped after Nvidia's ( NVDA ) strong results lifted the technology sector and a surprise improvement in manufacturing conditions accompanied declining jobless claims. The tech-heavy Nasdaq Composite climbed 0.8% to 16,937.7 after midday on Thursday. The S&P 500, of which Nvidia ( NVDA )...

12:57 PM EDT, 05/23/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were mixed, with the latter trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 0.5%. US equity indexes traded mixed after Nvidia's ( NVDA ) strong results lifted the technology sector while a surprise improvement in manufacturing conditions and declining jobless claims caused...