Technology firms were climbing pre-bell Tuesday, with the Technology Select Sector SPDR ETF (XLK), iShares Dow Jones US Technology ETF (IYW), and Semiconductor Sector Index Fund (SOXX) all up more than 1% recently.
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Turbulence associated with White House adviser Peter Navarro first stating the U.S.-China trade deal was over followed by a quick reversal when President Trump tweeted the China trade deal is "fully intact."
Spotify's (NYSE: SPOT) investments in podcast content have made a lot of headlines this year. It's made several big acquisitions and signed contracts for future content partnerships as well.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been outperforming the overall stock market for quite a while now, and Monday was no different. The index of Nasdaq stocks climbed more than 1%, going above the 10,000 level once again. The Nasdaq 100 index also posted a better-than-
Wall Street's three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries.
Crude oil prices and a gauge of global equity markets edged higher on Monday as lockdowns eased, with the Nasdaq setting a record closing high, but sentiment remained tenuous as coronavirus infections continued to rise.
Apple (NASDAQ: AAPL) kicked off the online version of its Worldwide Developer's Conference (WWDC) on Monday with the widely anticipated shift away from the Intel (NASDAQ: INTC) chips used by the Mac computer in favor of Apple's own processor. The Apple Silicon chip will offer ma
After backpedaling earlier this afternoon, major indexes staged a comeback to finish the day with solid gains. The Nasdaq Composite surged to close above 10,000, led by rises from major tech companies. Meanwhile, the Dow tacked on just over 150 points, with a notable push from
Wall Street's three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries.
Technology stocks added to their Monday advance, with the SPDR Technology Select Sector ETF climbing 1.6% shortly before the closing bell while the Philadelphia Semiconductor Index was rising 0.5%.
What happened
Shares of Sonos (NASDAQ: SONO) stock spiked on Monday, after a prominent short-seller issued a report on the home audio company. But rather than discuss shorting the stock, the report stated that it's "a better time than ever" for Apple (NASDAQ: AAPL) to acquire th
Wall Street's three major indexes gained ground on Monday with the biggest boost from technology stocks as investors appeared to look past the potential economic impact of rising coronavirus cases in the United States and other major economies.
Technology stocks pushed Wall Street's main indexes higher on Monday but sentiment remained fragile as a spike in coronavirus cases in the United States and other major economies fueled fears of a setback to the nascent economic recovery.
Reuters
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