financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Mixed Premarket Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Mixed Premarket Friday
Jul 19, 2024 6:21 AM

09:01 AM EDT, 07/19/2024 (MT Newswires) -- Technology stocks were mixed premarket Friday as the Technology Select Sector SPDR Fund ( XLK ) was down 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) was flat recently.

CrowdStrike Holdings ( CRWD ) fell nearly 13% and Microsoft ( MSFT ) was down more than 1% after their outages led to disruptions across multiple industries globally early Friday, affecting flights, broadcasts, as well as banking and health care systems.

SunPower (SPWR) was down over 8%, still declining a day after saying it will pause some operations. SunPower said it would stop signing new deals and halt installation services for shipments in transit or already delivered, Reuters said Thursday, citing an email from the company to clients.

Wipro ( WIT ) declined by more than 6% after it reported lower fiscal Q1 revenue.

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 Stocks Higher in Afternoon Trading
Sector Update: Health Care Stocks Higher in Afternoon Trading
Nov 12, 2025
02:11 PM EST, 11/12/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 1.5%. The iShares Biotechnology ETF (IBB) increased 0.6%. In corporate news, AbbVie ( ABBV ) is terminating its decade-long partnership with Calico Life Sciences, an Alphabet-backed (GOOG) biotech company dedicated...
Sector Update: Financial
Sector Update: Financial
Nov 12, 2025
03:29 PM EST, 11/12/2025 (MT Newswires) -- Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.8% and the Financial Select Sector SPDR Fund (XLF) adding 1%. The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.3%. Bitcoin (BTC-USD) was declining 1.4% to $101,603, and the...
Sector Update: Tech
Sector Update: Tech
Nov 12, 2025
03:31 PM EST, 11/12/2025 (MT Newswires) -- Tech stocks edged higher late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each adding 0.1%. The Philadelphia Semiconductor index rose 1.3%. In corporate news, Appian (APPN) shares gained 3.2% after it said Wednesday that it has added new artificial intelligence capabilities to its...
US STOCKS-Dow hits record high while Amazon weighs on Nasdaq
US STOCKS-Dow hits record high while Amazon weighs on Nasdaq
Nov 12, 2025
(Updates with afternoon trading) * Advanced Micro Devices ( AMD ) gains after upbeat long-term forecasts * IBM gains on new quantum computing chips * S&P 500 +0.03%, Nasdaq -0.36%, Dow +0.73% By Noel Randewich and Twesha Dikshit Nov 12 (Reuters) - Wall Street's main indexes were mixed on Wednesday, with the Dow hitting a record high and the Nasdaq...
Copyright 2023-2026 - www.financetom.com All Rights Reserved