Technology stocks extended their Friday advance, with the SPDR Technology Select Sector ETF recently adding 2.0% in value although the Philadelphia Semiconductor Index still was sinking 1.1% this afternoon.
Alphabet Inc's Google said on Friday that 20 U.S. states and territories, representing about 45% of the country's population, are "exploring" contact tracing apps for the novel coronavirus using a tool it developed with Apple Inc.
Strong earnings from big tech companies, including Apple (NASDAQ: AAPL), failed to propel the Dow Jones Industrial Average (DJINDICES: ^DJI) higher on Friday. The Dow was down around 0.75% at 2:20 p.m. EDT.
The Nasdaq rose on Friday, lifted by strong earnings from some of the largest U.S. companies, but gains were curbed and the Dow and S&P lost ground as uncertainty about the government's next round of coronavirus aid exacerbated economic worries.
Alphabet Inc's Google said on Friday that 20 U.S. states and territories, representing about 45% of the country's population, are "exploring" contact tracing apps for the novel coronavirus using a tool it developed with Apple Inc.
Technology stocks were advancing moderately, with the SPDR Technology Select Sector ETF recently adding 0.6% in value although the Philadelphia Semiconductor Index was sinking 1.6% this afternoon.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
U.S. stocks fell on Friday as uncertainty over the government's next coronavirus aid exacerbated economic worries related to the pandemic, countering early euphoria from stunning quarterly results by Apple, Amazon.com and Facebook.
Apple Inc's stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's most valuable publicly listed company.
Earlier this year, TSMC (NYSE: TSM) was seemingly stuck in a rut after an escalation of the trade war between the U.S. and China forced it to stop accepting orders from Chinese tech giant Huawei, its second largest customer, which accounted for 14% of its revenues in fiscal 201
Canada on Friday launched a nationwide contact tracing app to help inform Canadians when they may have been exposed to the coronavirus, part of a broader effort to contain it as businesses and public spaces reopen across the country.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Canada on Friday launched a nation-wide contact tracing app to help inform Canadians when they may have been exposed to the coronavirus, part of a broader effort to contain the virus as businesses and public spaces reopen across the country.
The S&P 500 and Dow slipped on Friday as fears about the economic damage from the COVID-19 pandemic replaced early euphoria from stunning quarterly earnings reports by Apple, Amazon.com and Facebook.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $362.5 million dollar inflow -- that's a 5.4% increase week o
Apple Inc shares surged as much as 7.1% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's largest public company.