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
Aug 14, 2024 1:04 PM

03:34 PM EDT, 08/14/2024 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.1% and the SPDR S&P Semiconductor ETF (XSD) falling 1.5%.

The Philadelphia Semiconductor index shed 0.8%.

In corporate news, Apple ( AAPL ) said Wednesday that starting with iOS 18.1, developers will be able to offer contactless transactions from within their own apps on iPhone, separate from Apple Pay and Apple Wallet. Separately, the tech giant is pushing ahead with the development of a tabletop home device that has an iPad-like display and a robotic limb, Bloomberg reported Wednesday. Apple ( AAPL ) shares were marginally higher.

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 speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
US speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
Jun 7, 2024
WASHINGTON (Reuters) -The administration of President Joe Biden said on Friday it has sped up offers to replenish crude oil for the Strategic Petroleum Reserve following its historic sale from the stockpile in 2022. Energy Secretary Jennifer Granholm said in an exclusive interview on Tuesday that the department could speed replenishment of the SPR this year, beyond a roughly 3...
Sector Update: Financial
Sector Update: Financial
Jun 7, 2024
03:27 PM EDT, 06/07/2024 (MT Newswires) -- Financial stocks advanced in late Friday afternoon trading with the NYSE Financial Index little changed and the Financial Select Sector SPDR Fund (XLF) adding 0.6%. The Philadelphia Housing Index fell 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.9%. Bitcoin (BTC-USD) declined 2.8% to $68,816, and the yield for 10-year...
Sector Update: Tech Stocks Mixed Late Afternoon
Sector Update: Tech Stocks Mixed Late Afternoon
Jun 7, 2024
03:57 PM EDT, 06/07/2024 (MT Newswires) -- Tech stocks were mixed late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) increasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) falling 2.2%. The Philadelphia Semiconductor index fell 0.3%. In corporate news, Yext ( YEXT ) , a software maker that promotes company information in search directories and websites, is...
US STOCKS-Wall Street stocks flat as markets digest jobs data
US STOCKS-Wall Street stocks flat as markets digest jobs data
Jun 7, 2024
* Nonfarm Payrolls data exceeds estimates * GameStop ( GME ) slides as 'Roaring Kitty' returns to YouTube * Nvidia ( NVDA ) dips with market cap back below $3 trillion * Lyft ( LYFT ) gains after forecasting annual growth in bookings * Indexes mixed: Dow up 0.03%, S&P up 0.02%, Nasdaq down 0.21% (Updates to 2:28 PM ET)...
Copyright 2023-2025 - www.financetom.com All Rights Reserved