An hour ago
The technology sector has had a losing week
The technology sector was the worst-hit group of the S&P 500 in the week ending September 15. The Technology Select Sector SPDR Fund has lost 2.2% for the week so far.
Oracle led the sector’s losses, falling nearly 10% this week after missing revenue expectations in its fiscal first quarter. Chipmaker KLA Corporation fell 8.7%, while Monolithic Power Systems also fell more than 7%.
Meanwhile, the utilities sector posted the biggest weekly gains, with the Utilities Select Sector SPDR Fund gaining 2.8%.
– Hakyung Kim
An hour ago
Stock futures open flat
US stock futures were on an upward trend on Sunday evening.
Dow Jones Industrial Average futures gained 17 points, or 0.05%. S&P 500 and Nasdaq 100 futures rose 0.03% and 0.02%, respectively.
– Hakyung Kim
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