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 >
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
Oct 4, 2024
(Reuters) -A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday. Oil prices fell by 17% in the third quarter, the largest quarterly decline in a year, on worries about the global oil demand outlook. Brent futures settled at $71.77 a...
Sector Update: Health Care
Sector Update: Health Care
Oct 4, 2024
03:27 PM EDT, 10/04/2024 (MT Newswires) -- Health care stocks were mixed late Friday afternoon, with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) rose 0.7%. In corporate news, Capricor Therapeutics ( CAPR ) shares surged 26.5% after the company said Friday it will present...
Equities Mostly Fall, Oil Jumps on Middle East Tensions Ahead of Jobs Report
Equities Mostly Fall, Oil Jumps on Middle East Tensions Ahead of Jobs Report
Oct 4, 2024
04:29 PM EDT, 10/03/2024 (MT Newswires) -- US benchmark equity indexes closed mostly lower Thursday, while oil surged amid escalating geopolitical tensions in the Middle East, as markets awaited the official jobs report for September. The Dow Jones Industrial Average fell 0.4% to 42,011.6, and the S&P 500 fell 0.2% to 5,699.9. The Nasdaq Composite was little changed at 17,918.5....
Sector Update: Health Care Stocks Softer Friday Afternoon
Sector Update: Health Care Stocks Softer Friday Afternoon
Oct 4, 2024
01:58 PM EDT, 10/04/2024 (MT Newswires) -- Health care stocks eased Friday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both down 0.2%. The iShares Biotechnology ETF (IBB) rose 0.3%. In corporate news, Organon's (OGN) finasteride-containing Propecia product is under review in the EU over the ingredient's link to the risk of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved