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 >
US STOCKS-S&P 500, Nasdaq edge up as markets eye inflation data
US STOCKS-S&P 500, Nasdaq edge up as markets eye inflation data
May 26, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Indexes: Dow down 0.38%, S&P 500 up 0.21%, Nasdaq up 0.57% * April CPI at 2.3% YoY versus 2.4% estimate * Coinbase up after firm to join S&P 500 * UnitedHealth ( UNH ) suspends annual forecast, CEO...
US STOCKS SNAPSHOT-Wall St muted at open after April inflation data
US STOCKS SNAPSHOT-Wall St muted at open after April inflation data
May 26, 2025
May 13 (Reuters) - Wall Street's main indexes were subdued at the open on Tuesday, as investors assessed the latest inflation numbers and their impact on monetary policy after markets came off sharp gains from the temporary Sino-U.S. trade truce. The Dow Jones Industrial Average rose 97.2 points, or 0.23%, at the open to 42507.33. The S&P 500 rose 10.0...
TREASURIES-US yields steady after slower-than-expected inflation rise
TREASURIES-US yields steady after slower-than-expected inflation rise
May 26, 2025
(Adds background, quotes) By Tatiana Bautzer and Chuck Mikolajczak NEW YORK, May 13 (Reuters) - U.S. 10-year Treasury yields were flat to marginally higher on Tuesday after inflation in the world's largest economy grew slower than expected last month, suggesting that the Federal Reserve is likely to take its time resuming its easing cycle. The inflation data showed limited immediate...
Bank Of America Bets On Brick-And-Mortar, Expansion Plans Include 60 Markets Worldwide
Bank Of America Bets On Brick-And-Mortar, Expansion Plans Include 60 Markets Worldwide
May 26, 2025
Bank of America Corporation ( BAC ) shares are trading higher Tuesday after the firm disclosed plans to open over 150 new locations across 60 markets by the end of 2027. The bank expects 40 locations to open this year and another 70 in 2026. Four financial centers are slated for Boise, Idaho, with the first location scheduled to open...
Copyright 2023-2026 - www.financetom.com All Rights Reserved