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
Apr 8, 2026 12:44 PM

03:20 PM EDT, 04/08/2026 (MT Newswires) -- Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.7% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.1%.

The Philadelphia Semiconductor index gained 5.8%.

In corporate news, Firefly Aerospace ( FLY ) and Nvidia ( NVDA ) said Wednesday they collaborated to enable rapid on-orbit data analysis for a lunar imaging service using a specialized computing module. Nvidia ( NVDA ) shares rose 2.1%, and Firefly added 6.2%.

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: Health Care
Sector Update: Health Care
Jul 25, 2024
08:48 AM EDT, 07/25/2024 (MT Newswires) -- Health care stocks were mixed premarket Thursday, with the Health Care Select Sector SPDR Fund (XLV) down 0.4% and the iShares Biotechnology ETF (IBB) recently up 0.5%. AstraZeneca ( AZN ) reported Q2 earnings of $1.24 per diluted share, up from $1.17 a year earlier but below the $1.36 estimate from three analysts...
Sector Update: Tech
Sector Update: Tech
Jul 25, 2024
08:44 AM EDT, 07/25/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 3.3% lower recently. STMicroelectronics ( STM ) shares declined by over 12% after it reported lower fiscal Q2 earnings and net revenue. ...
Bank of America, Accenture And 2 Other Stocks Insiders Are Selling
Bank of America, Accenture And 2 Other Stocks Insiders Are Selling
Jul 25, 2024
The Nasdaq 100 closed lower by more than 700 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for...
US STOCKS SNAPSHOT-Futures pare losses after GDP, durable goods data
US STOCKS SNAPSHOT-Futures pare losses after GDP, durable goods data
Jul 25, 2024
July 25 (Reuters) - U.S. stock index futures pared losses on Thursday after weaker-than-expected durable goods data lifted hopes for earlier interest rate cuts from the Federal Reserve. A report showed durable goods orders fell 6.6% in June, compared with expectations for a 0.3% rise. U.S. gross domestic product grew 2.8% in the second quarter, the Commerce Department reported in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved