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
Mar 13, 2026 6:07 AM

08:54 AM EDT, 03/13/2026 (MT Newswires) -- Technology stocks were mixed pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.8% higher and the State Street SPDR S&P Semiconductor ETF (XSD) down 0.1%.

Adobe (ADBE) said its chief executive officer of 18 years, Shantanu Narayen, has decided to transition from his role after a successor has been appointed. Shares of Adobe were down more than 8% 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 >
Trump's Plan For Canada, Mexico, China Tariffs To Start March 4 Could Shake Stock Market
Trump's Plan For Canada, Mexico, China Tariffs To Start March 4 Could Shake Stock Market
Feb 27, 2025
President Donald Trump's plan to place tariffs on Mexico and Canada and a higher tariff on China will take place on March 4, a move that could impact multiple sectors and cause worry for American consumers. What Happened: Trump's proposed tariffs on Canada and Mexico were paused on Feb. 3 for one month after agreements were reached with both nations...
US STOCKS-Wall St mixed as Nvidia in the red, economic data disappoints
US STOCKS-Wall St mixed as Nvidia in the red, economic data disappoints
Feb 27, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Snowflake surges on upbeat 2026 product revenue forecast * Salesforce ( CRM ) falls on downbeat annual revenue forecast * US weekly jobless claims rise more than expected * Indexes: Dow up 0.84%, S&P 500 up 0.06%, Nasdaq slips...
US STOCKS SNAPSHOT-Wall St opens higher as Nvidia's forecast calms AI demand fears
US STOCKS SNAPSHOT-Wall St opens higher as Nvidia's forecast calms AI demand fears
Feb 27, 2025
Feb 27 (Reuters) - Wall Street's main indexes opened higher on Thursday as AI bellwether Nvidia's upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly jobless claims kept a check on gains. The Dow Jones Industrial Average rose 83.3 points, or 0.19%, at the open to 43,516.44. The S&P 500 rose 25.8 points, or...
US Equity Indexes Mixed Following Macro Data, 'Underwhelming' Nvidia Results, Tariff Threats
US Equity Indexes Mixed Following Macro Data, 'Underwhelming' Nvidia Results, Tariff Threats
Feb 27, 2025
12:44 PM EST, 02/27/2025 (MT Newswires) -- US equity indexes traded mixed Thursday as investors weighed economic data amid Nvidia's ( NVDA ) smallest revenue beat in two years and President Donald Trump's plan to press ahead with import tariffs on three of the country's biggest trading partners. The Nasdaq Composite fell 0.7% to 18,934, with the S&P 500 down...
Copyright 2023-2026 - www.financetom.com All Rights Reserved