Technology stocks were falling in Friday trading, with the SPDR Technology Select Sector ETF declining 0.3% while the Philadelphia Semiconductor Index was slipping 0.2%.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.4% at 11:40 a.m. EDT Friday as investors continued to push up stocks despite mixed messages on the economy. Thursday's unemployment report was worse than expected, painting a picture of continued job losses even as the
In a news briefing Thursday, Canadian Prime Minister Justin Trudeau revealed that the government had teamed with Canadian tech mavens Shopify (NYSE: SHOP) and BlackBerry (NYSE: BB) to develop a COVID-19 contact-tracing app that is set to debut in early July.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $205.5 million dollar outflow -- that's a 0.7% decrea
NEW YORK (Reuters Breakingviews) - Around the time the United States formally abolished slavery in 1865, African Americans owned 0.5% of the United States’ wealth. Today they own under 3%, even though around 13% of the population is defined by the U.S. census as “bla
NEW YORK (Reuters Breakingviews) - Around the time the United States formally abolished slavery in 1865, African Americans owned 0.5% of the United States’ wealth. Today they own under 3%, even though around 13% of the population is defined by the U.S. census as “bla
Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again.
Facebook Inc on Thursday acquired Swedish mapping technology company Mapillary, which collects images from tens of thousands of contributors to build immersive and up-to-date maps, the companies said.
Technology stocks rose moderately in Thursday trading, with the SPDR Technology Select Sector ETF climbing 0.5% although the Philadelphia Semiconductor Index slipped 0.2% this afternoon.
Canadian technology firms Shopify Inc and Blackberry Ltd are developing a mobile contact testing app for the novel coronavirus, Prime Minister Justin Trudeau said on Thursday.
Apple (NASDAQ: AAPL) is on the verge of moving assembly for its lower-cost iPhone SE to India in a move that could come as early as this summer, according to a report from The Information. At least one Apple supplier in China has been advised that it will begin shipping componen
The volatility in the stock market continued on Thursday as two narratives -- the reopening of the U.S. economy and a surge in COVID-19 cases in various states -- collide. U.S. initial jobless claims for the week ended June 13 came in at 1.51 million, barely lower than the previ