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
Dec 31, 2024 1:09 PM

03:32 PM EST, 12/31/2024 (MT Newswires) -- Tech stocks fell late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the SPDR S&P Semiconductor ETF (XSD) down 0.4%.

The Philadelphia Semiconductor index fell 0.5%.

In corporate news, Bit Digital ( BTBT ) signed a master service agreement with an AI compute fund managed by DNA Holdings Venture to provide 576 Nvidia H200 graphics processing units over two years. Bit Digital ( BTBT ) shares dropped 1.2%.

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 Stocks Gain Late Afternoon
Sector Update: Tech Stocks Gain Late Afternoon
Nov 7, 2024
03:58 PM EST, 11/07/2024 (MT Newswires) -- Tech stocks rose late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) advancing 1.7% and the SPDR S&P Semiconductor ETF (XSD) adding 1.2%. The Philadelphia Semiconductor index climbed 2.3%. In corporate news, Wolfspeed ( WOLF ) shares plunged 39.4%. The company's Mohawk Valley revenue fell short of expectations, and guidance of...
Election Day Leaves Uncertainty as Investors Track Swing States
Election Day Leaves Uncertainty as Investors Track Swing States
Nov 7, 2024
09:48 AM EST, 11/05/2024 (MT Newswires) -- Investors will be keeping an eye on election results from key swing states in the US with the market likely to wobble through uncertainty until a clear result is known, according to analysts. The benchmark Standard & Poor's 500, up 20% so far this year, was marginally higher early Tuesday, along with slim...
Sector Update: Energy
Sector Update: Energy
Nov 7, 2024
09:00 AM EST, 11/07/2024 (MT Newswires) -- Energy stocks were advancing pre-bell Thursday, with The Energy Select Sector SPDR Fund (XLE) 0.2% higher. The United States Oil Fund (USO) was down 0.6% and the United States Natural Gas Fund (UNG) was 0.9% lower. Front-month US West Texas Intermediate crude oil was 0.3% lower at $71.45 per barrel at the New...
Sector Update: Energy Stocks Rise Pre-Bell Tuesday
Sector Update: Energy Stocks Rise Pre-Bell Tuesday
Nov 7, 2024
09:15 AM EST, 11/05/2024 (MT Newswires) -- Energy stocks rose pre-bell Tuesday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.4%. The United States Oil Fund ( USO ) was up 0.6% and the United States Natural Gas Fund ( UNG ) was 0.5% lower. Front-month US West Texas Intermediate crude oil was 0.8% higher at...
Copyright 2023-2025 - www.financetom.com All Rights Reserved