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THE TECHNOLOGY SELECT SECTOR SPDR FUND ETF News

$202.55
+5.49 (+2.79%)
At Close: May 03, 2024
Markets might experience short-term pressure as shutdown risks intensify. However, any resolution could lead to renewed buying interest in stocks.
The Technology sector, particularly the "magnificent-7" companies, has dominated the market in 2023. The Energy sector has seen a resurgence due to rising oil prices, outperforming Technology in the p

Inside the Latest Rally in Cybersecurity ETFs

02:17pm, Friday, 15'th Sep 2023
The cybersecurity space has outperformed the broader tech space past month despite rising rate worries.
Hi! In this week's ETF Wrap, you'll see how investor demand for tech and artificial-intelligence ETFs this year pales in comparison with their strong performance.

Apple ETFs in Focus Post iPhone 15 Launch

12:46pm, Wednesday, 13'th Sep 2023
At its annual California launch event, Apple (AAPL) revealed a suite of devices, catching the eye of its vast consumer base and the global tech community.
The Technology Select Sector SPDR ETF (XLK) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity

Tech Stocks Aren't Done: Strong Buy On XLK

01:47pm, Monday, 11'th Sep 2023
The Technology Select Sector SPDR® Fund ETF could experience strong gains heading into year-end. The XLK ETF is a $50 billion product with low expense ratios and high liquidity, making it an attracti
Apple (APPL) is gearing up for its iPhone launch event at the Steve Jobs Theater in California. The technology giant is set to unveil the iPhone 15 series smartphones, including the Plus, as well as t
Apple (AAPL) shed nearly $200 billion in market value in just two days amid the reports of China planning to expand a ban on the use of iPhones to government-backed agencies and state companies.
Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the second week in a row, injecting a net $9.6 billion for the LSEG Lipper fund-flows week ended Wedne

5 Sector ETFs Win on Q2 Earnings Beat

02:17pm, Friday, 01'st Sep 2023
Per Earnings Trends issued on Aug 23, 2023, 96% of the S&P 500 companies have reported so far with 79.4% earnings beat ratio and 65.4% revenue beat ratio.
Exchange-traded funds tied to the AI boom might be outperforming this year, but momentum is shifting as investors weigh the tech-fueled hype and higher rates.
Nvidia and its partners show immense prospects in the field of AI transition. So, investors may ignore higher rates and continue to buy the dip in big tech ETFs.
Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the first week in three, withdrawing a net $16.7 billion. Equity ETFs witnessed net outflows for the seco
CNBC's Leslie Picker joins 'TechCheck' to discuss hedge fund Q2 positions, mixed hedge fund interest in big tech, and what crowded trading of long tech bets may signal.
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