Sector Update: Tech-January 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Tech

Nov 21, 2024 6:48 PM

03:26 PM EST, 11/21/2024 (MT Newswires) -- Tech stocks rose late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.4% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.1%.

The Philadelphia Semiconductor index advanced 2%.

In corporate news, Kyndryl ( KD ) shares jumped 16% after the company announced a $300 million share buyback program.

Previous page： Sector Update: Consumer Stocks Rise Premarket Tuesday Next page： US STOCKS-Wall Street eyes muted open as investors weigh earnings; chips, oil stocks fall

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.

Show More Comments

Related Articles >

Sector Update: Consumer Stocks Rise Premarket Tuesday

Oct 15, 2024

09:10 AM EDT, 10/15/2024 (MT Newswires) -- Consumer stocks rose premarket Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.04% higher recently. Coty ( COTY ) shares were down more than 5% after the company reported preliminary results for Q1, including its sales...

US STOCKS-Wall Street eyes muted open as investors weigh earnings; chips, oil stocks fall

Oct 15, 2024

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * UnitedHealth ( UNH ) falls after Q3 results * Johnson & Johnson ( JNJ ) down following results * Banks broadly gain after earnings * Boeing ( BA ) up after it lines up $35 bln in funds *...

Mixed Corporate Earnings Stifle US Equity Futures Pre-Bell

Oct 15, 2024

08:50 AM EDT, 10/15/2024 (MT Newswires) -- US equity futures were flat ahead of Tuesday's opening bell as investors evaluated mixed earnings from major US firms. The Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all nearly flat. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 3.9% at $74.39 per barrel...

Sector Update: Tech

Oct 15, 2024

08:48 AM EDT, 10/15/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.1% higher. Wolfspeed ( WOLF ) shares were up past 30% after the company said it expects up to $2.50 billion in additional capital, including a proposed $750 million in...