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
Sep 2, 2025 6:04 AM

08:54 AM EDT, 09/02/2025 (MT Newswires) -- Technology stocks were declining pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 1.6% and the SPDR S&P Semiconductor ETF (XSD) 2% lower.

Intel ( INTC ) said late Friday that it has amended its Direct Funding Agreement with the US Department of Commerce to remove several project milestones, and received the full $5.70 billion in accelerated disbursements. Intel ( INTC ) shares were down more than 2% premarket.

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 >
Japan's Nikkei slumps 1.5% as automakers track US peers lower
Japan's Nikkei slumps 1.5% as automakers track US peers lower
Mar 27, 2025
Japan's Nikkei average dropped more than 1% in early trade on Friday, as automakers tracked losses of their Wall Street counterparts following U.S. President Donald Trump's announcement of trade tariffs. As of 0017 GMT, the Nikkei was down 1.5% at 37,222.21. The index was pulled down by a majority of stocks going ex-dividend, resulting in a loss of around 300...
US STOCKS-S&P 500 ends lower as investors digest Trump's auto tariffs
US STOCKS-S&P 500 ends lower as investors digest Trump's auto tariffs
Mar 27, 2025
* Advanced Micro Devices down after brokerage downgrade * Weekly jobless claims at 224,000 * S&P 500 -0.33%, Nasdaq -0.53%, Dow -0.37% By Noel Randewich March 27 (Reuters) - The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump's latest trade tariff announcement that hit shares of General Motors ( GM ) and Ford. Trump...
Equity Markets Drop After New Auto Tariffs; General Motors Slides
Equity Markets Drop After New Auto Tariffs; General Motors Slides
Mar 27, 2025
04:42 PM EDT, 03/27/2025 (MT Newswires) -- US benchmark equity indexes closed lower Thursday as markets analyzed the impact of President Donald Trump's new auto tariffs and intensifying trade tensions. The Nasdaq Composite fell 0.5% to 17,804, while the Dow Jones Industrial Average dropped 0.4% to 42,299.7. The S&P 500 slipped 0.3% to 5,693.3. Energy saw the biggest drop among...
Lululemon, Applovin Corp, Hertz, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Lululemon, Applovin Corp, Hertz, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Mar 27, 2025
U.S. stock markets closed lower today, with the Nasdaq Composite dropping over 90 points or 0.5% to 17,804.03. The Dow Jones Industrial Average slipped 0.41% to 42,299.70, while the S&P 500 edged down 0.3% to 5,693.31. These are the top stocks that gained the attention of retail traders and investors throughout the day: Lululemon Athletica Inc. ( LULU )  Lululemon’s...
Copyright 2023-2026 - www.financetom.com All Rights Reserved