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
Feb 19, 2025 1:01 PM

03:30 PM EST, 02/19/2025 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 1.6%.

The Philadelphia Semiconductor index rose 0.8%.

In corporate news, Garmin ( GRMN ) shares jumped 12% after the company reported Q4 results that beat market expectations.

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 >
Fear & Greed Index Moves To 'Neutral' Zone As S&P 500 Hits Record High After Friday Jobs Data
Fear & Greed Index Moves To 'Neutral' Zone As S&P 500 Hits Record High After Friday Jobs Data
Jul 8, 2024
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the “Neutral” zone on Friday. U.S. stocks closed higher on Friday following the release of jobs data, with the S&P 500 surging to a fresh high during the session. All three major indices closed higher last week, with the Nasdaq...
Greenbrier, Fortress Biotech And 3 Stocks To Watch Heading Into Monday
Greenbrier, Fortress Biotech And 3 Stocks To Watch Heading Into Monday
Jul 8, 2024
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Greenbrier Companies, Inc ( GBX ). to report quarterly earnings at $1.14 per share on revenue of $928.73 million before the opening bell. Greenbrier shares gained 0.72% to $48.91 in the after-hours trading...
Japan's net sale of foreign bonds in June biggest in two years
Japan's net sale of foreign bonds in June biggest in two years
Jul 8, 2024
July 8 (Reuters) - Japanese investors sold foreign bonds in June, as U.S. Treasury bond yields dropped on hopes that the Federal Reserve would cut rates soon amid cooling price pressures. Domestic investors offloaded a net 3.93 trillion yen ($24.42 billion) worth of foreign bonds last month, their largest monthly net selling since June 2022, as per Japan's Ministry of...
Analysis-Investors chart possible moves as pressure mounts on Biden
Analysis-Investors chart possible moves as pressure mounts on Biden
Jul 8, 2024
NEW YORK (Reuters) - With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing to game out potential economic scenarios and trades if a stronger Democratic candidate emerges. Bond yields rose following Biden's stumbling performance against Republican rival Donald Trump in the first presidential TV debate last month. Growing speculation...
Copyright 2023-2025 - www.financetom.com All Rights Reserved