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
Jul 19, 2024 6:11 AM

08:39 AM EDT, 07/19/2024 (MT Newswires) -- Technology stocks were mixed premarket Friday, with The Technology Select Sector SPDR Fund (XLK) down 0.4% and the SPDR S&P Semiconductor ETF (XSD) 1.3% higher.

CrowdStrike Holdings ( CRWD ) shares were down nearly 12% and Microsoft ( MSFT ) stock was more than 1% lower after their outages led to disruptions across multiple industries globally early Friday, affecting flights, broadcasts, as well as banking and healthcare systems.

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 >
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
May 26, 2025
U.S. stocks settled higher on Friday following the release of jobs data, with the S&P 500 recording gains for the ninth consecutive day to notch its longest winning streak since Nov. 2004. All three major averages recorded gains for the second week, with the S&P 500 adding 2.9% and the Dow gaining 3% on the week. The Nasdaq, meanwhile, closed...
Euro zone government bond yields edge down before Fed and BoE policy meetings
Euro zone government bond yields edge down before Fed and BoE policy meetings
May 26, 2025
May 5 (Reuters) - Euro zone government bond yields edged down on Monday with investors on the sidelines ahead of a week packed with policy meetings at central banks including the Federal Reserve and the Bank of England. A public holiday in Britain contributed to thin trade volumes. Germany's 10-year yield, the euro area's benchmark, fell 0.5 basis points at...
US media stocks fall as Trump threatens 100% tariff on foreign-made films
US media stocks fall as Trump threatens 100% tariff on foreign-made films
May 26, 2025
(Reuters) -American media stocks tumbled on Monday after President Donald Trump unveiled a 100% tariff on all movies produced outside the U.S., a move that could sharply raise costs for Hollywood studios and rattle the global entertainment industry. Trump's announcement was short on details. It did not say whether the levies will target films on streaming platforms and those shown...
US media stocks fall as Trump threatens 100% tariff on foreign-made films
US media stocks fall as Trump threatens 100% tariff on foreign-made films
May 26, 2025
(Reuters) -American media stocks tumbled on Monday after President Donald Trump unveiled a 100% tariff on all movies produced outside the U.S., a move that could sharply raise costs for Hollywood studios and rattle the global entertainment industry. Trump's announcement was short on details. It did not say whether the levies will target films on streaming platforms and those shown...
Copyright 2023-2026 - www.financetom.com All Rights Reserved