An Hour Ago
Tech sector coming off a losing week
The technology sector was the S&P 500’s hardest-hit group during the week ending Sept. 15. The Technology Select Sector SPDR Fund lost 2.2% week to date.
Oracle led the sector’s losses, falling nearly 10% for the week after missing revenue expectations in the fiscal first quarter. Chipmaker KLA Corporation lost 8.7%, while Monolithic Power Systems also fell by more than 7%.
Meanwhile, the utilities sector saw the largest weekly gains, with the Utilities Select Sector SPDR Fund adding 2.8%.
— Hakyung Kim
An Hour Ago
Stock futures open flat
U.S. stock futures ticked up Sunday evening.
Dow Jones Industrial Average futures added 17 points, or 0.05%. S&P 500 and Nasdaq 100 futures inched up 0.03% and 0.02%, respectively.
— Hakyung Kim
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