NYSEArca - Nasdaq Real Time Price USD

Technology Select Sector SPDR Fund (XLK)

192.53

-4.05

(-2.06%)

At close: 4:00 PM EDT

192.53

0.00

(0.00%)

After hours: 6:25 PM EDT

Tech earnings will test the market's strength: Strategist

Mounting geopolitical pressures and stocks not reacting as positively to earnings results as Wall Street had hoped, concerns over the strength of the market are beginning to creep in. Big names in tech — including Microsoft (MSFT) and Amazon (AMZN) will report their latest quarterly earnings in the coming weeks — have helped lead the recent rally seen in the market. State Street Global Markets Head of Equity Research Marija Veitmane joins Yahoo Finance to discuss what will test the mettle of markets the most, including geopolitical woes and Big Tech earnings. "Next week we have a big tech week which is hopefully one part of the market that consensus is very constructive for and that is part of the market that maybe is less affected by [interest] rate hikes, companies are larger, balance sheets are stronger. So that is potentially something [that] can kind of put floor under stocks," Veitmane explains. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video 6 hours ago

GC=F

XLK
-2.06%
^DJI
Here’s What’s Happening in Markets: April 18

Markets turn higher, aiming to break a 4-day losing streak, ahead of major tech companies earnings reports.

etf.com yesterday

DIA
+0.57%
CONL

BITX
Steering Clients Through Unstable Markets

Paul Schatz avoids hot stocks while seeing opportunities in bonds and off-the-radar stocks.

etf.com 2 days ago

QQQ

XLK
-2.06%
BOTZ
Nvidia Correction Helps Advisors Talk Diversification

As FOMO takes a vacation, a time for meaningful advice emerges.

etf.com 2 days ago

BOTZ

XLK
-2.06%
SMH
-4.52%
Advisors Should Embrace Artificial Intelligence

Opto Investments’ Jacob Miller sees plenty of room to participate early in AI investing.

etf.com 7 days ago

XLK
-2.06%
BOTZ

SMH
-4.52%
Earnings season to test breadth of stock market rally

First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.

Yahoo Finance 10 days ago

^IXIC

SPY

^GSPC
Lagging Mag 7 stocks may mean 'new life' for other sectors

Markets are hard-pressed this week over a barrage of headlines and market trends: March CPI (Consumer Price Index) is due out, companies are to report first-quarter earnings, crude oil prices (CL=F, BZ=F) are swinging higher, and anticipation over what to expect from lagging Magnificent Seven member stocks.  Charles Schwab Chief Global Investment Strategist and Managing Director Jeffrey Kleintop sits down with Yahoo Finance Live to discuss which headline event is affecting equity markets (^DJI, ^IXIC, ^GSPC) the most. "We've been so powered by those Mag Seven stocks and now showing signs of weakening... we're starting to see new life from other sectors. Analyst outlook for broadening earnings outlook isn't just hope, it's supported by the Global Manufacturing Purchasing Manager's Index, my favorite economic statistic," Kleintop explains. "That rose to 50.6 in March. that release marked the second month in a row above 50.7, the dividing line between growth and recession after spending 18 months below 50..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 10 days ago

TSLA

^DJI

AMZN
Are Tech Stocks a Separate Asset Class?

ETFs help prompt a modern view of asset allocation

etf.com 11 days ago

XLK
-2.06%
QQQ

SPXT
The two best-positioned megacap tech stocks in 2024: Analyst

Amazon (AMZN) and Meta Platforms (META) were among the tech stock leaders who drove growth in the S&P 500 (^GSPC) throughout 2024's first quarter. The two Magnificent Seven members are Wells Fargo Senior Analyst Ken Gawrelski's top stock picks for the tech sector. Amazon is "making many fundamental improvements in logistics capabilities and efficiencies. So, we expect margins to continue to inflect higher in the retail business," Gawrelski tells Yahoo Finance. "The second business, which is AWS [Amazon Web Services], their cloud business, that was also an inflection in 2023, but that inflection was there after a steep decline of growth from 2022 to 2023." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 16 days ago

XLK
-2.06%
AMZN

META
Market is 'evolving' towards consumer discretionary: Strategist

In the first quarter of 2024, many of the AI-led tech companies performed well, with some of the Magnificent Seven experiencing a fall from grace. With some uncertainty moving ahead, and a potential pullback from historic highs, Citi has downgraded the tech sector from Overweight to Market Weight, citing a broadening out of market gains, while upgrading the consumer discretionary sector to Overweight. Citi US Equity Strategist Scott Chronert joins Yahoo Finance to break down the calls for these sectors and take a look into how the market may perform moving forward. Chronert elaborates on his position: "The market's evolving, the market's evolving away from the tech and cyclical leadership that we've had since early November. We think we're starting to see signs that the market is gradually positioning in favor of those parts of the market that should at the margin benefit from an eventual Fed [Federal Reserve] pivot, consumer [discretionary] is front and center on that. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 17 days ago

^GSPC

XLY
-0.88%
^IXIC
AI-powered stocks will face increasingly stiff competition: Analyst

The tech sector has been on a run with chip powerhouse Nvidia (NVDA) leading the charge with an incredible 86% gain year-to-date. Many of the big names in tech — Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) — have been grouped together and referred to as The Magnificent Seven, but some, like Apple and Tesla, have fallen off from great heights. Now, investors are chattering over whether or not tech can weather any potential storms in the market. TECHnalysis Research President and Chief Analyst Bob O'Donnell joins Yahoo Finance to break down the recent movements in the tech sector and how its major players can operate moving forward. O'Donnell talks about potential leaders in tech for the long-term: "The one thing is, Nvidia's got 90% share. Anybody who's got 90% share is going to lose a little share. But, that doesn't mean they still can't grow organically from where they are. You're just going to see a lot more competitors. If we look at it collectively, I still think there is several years of growth in the collective semiconductor market for AI-powered stuff. So, you're going to see, as I said, I talked about AMD (AMD). Intel (INTC) will be interesting to see." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 18 days ago

GOOG

META

TSLA
The S&P 500 is up 5 months straight — and history favors momentum

The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.

Yahoo Finance 23 days ago

^TNX

^IXIC

DX-Y.NYB
S&P 500 closes at record high in a cheery day for markets, tech

Tuesday was a turnaround day after all three market indices (^DJI, ^IXIC, ^GSPC) closed the trading session higher, the S&P 500, in particular, setting a new record high. Yahoo Finance's Julie Hyman and Jared Blikre highlight the day's market and sector action following the closing bell, monitoring the gains of several Nasdaq tech leaders. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

BTC-USD

^TNX

^DJI
Stocks' surge to record highs doesn't mean we're in a bubble

While stocks have surged to record highs, Wall Street strategists see key differences between this run and past bubbles in the stock market.

Yahoo Finance last month

^IXIC

SPY

^DJI
3 companies are driving the 'Magnificent 7' trade

Improved earnings estimates for a few select tech companies show why their stocks are outperforming peers.

Yahoo Finance last month

XLC
-1.10%
^IXIC

AMZN
The biggest risks posed to a historic earnings season

Data out from Bank of America shows that about 70% of companies that reported their fourth-quarter earnings have beat Wall Street estimates, above the historical average of 63%. While earnings season has been mainly positive so far, is it enough to keep up the recent rally in the market? Niladri Mukherjee, TIAA Chief Investment Officer of the Wealth Management Division, joins Yahoo Finance to discuss the latest earnings season and the risks posed to the stock market's recent positive run. "If you look at the top ten stocks in the S&P 500, they're more than 30% of the index now, and those same top ten names are contributing roughly 20% to 23% to the earnings of the S&P. They're punching above their weight slightly, but not too much," Mukherjee explains, adding: "But, I do think the concentration risk is there. The biggest thing for the markets this year is going to be the Fed rate cuts. Earnings is number one. Fed rate cuts is number two." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 2 months ago

XLK
-2.06%
Stocks close higher led by materials, real estate

The three major averages (^DJI, ^GSPC, ^IXIC) all closed higher on Tuesday, February 6. They were led by materials and real estate, two sectors that have been beaten down recently. Tech, however, lagged. Yahoo Finance Market Reporter Jared Blikre takes a closer look at the market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

Yahoo Finance Video 2 months ago

XLB
-0.08%
^IXIC

XLRE
+0.39%
Big Tech falls short on AI revenue expectations

AI has been at the center of investor hopes for boosting revenues in Big Tech earnings reports. However, following the latest quarterly results, tech giants like Alphabet (GOOG, GOOGL), Advanced Micro Devices (AMD), and Microsoft (MSFT) did not live up to the expected hype around AI. Google's ad revenue missed earnings forecasts, as AI-driven search innovations have yet to translate into accelerated growth. AMD forecasted a weaker-than-expected first-quarter outlook, disappointing investors betting on its AI semiconductor traction. And while Microsoft posted 30% growth for its Azure cloud and AI services, other areas of its business saw more lackluster second-quarter growth. Yahoo Finance's Seana Smith and Bradley Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 2 months ago

MSFT

AMD

GOOG
Tech earnings could make or break market rallies

As earnings reports continue to be released, many investor eyes remain on the Magnificent Seven to hopefully produce positive results to continue the recent tech rally launching the S&P 500 (^GSPC). Michael Arone, Managing Director of State Street Global Advisors, joins Yahoo Finance to discuss the performance of the Magnificent Seven during this earnings season and give insight into what investors should keep an eye on. "We still like the technology sector. We like the fact that earnings momentum continues to be quite strong, price momentum continues to be quite strong. We like the AI phenomenon. We believe it's real. It will drive productivity gains. It will drive sales gains from that perspective," Arone explains. "Despite the rich valuations, tech has a lot going for it. We still like technology. But to balance that out a little bit, we do like energy companies and we also like industrials." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 2 months ago

XLK
-2.06%
One chart shows why Big Tech earnings are critical for the health of the market rally

Earnings from six of the largest tech companies in the world are expected to have an outsized impact on the S&P 500 earnings picture.

Yahoo Finance 2 months ago

TSLA

AAPL

^IXIC

Performance Overview

Return	XLK	Category
YTD	+2.30%	+8.66%
1-Year	+32.42%	+31.83%
3-Year	+12.06%	+3.17%

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Yahoo Finance

Technology Select Sector SPDR Fund (XLK)

Tech earnings will test the market's strength: Strategist

Here’s What’s Happening in Markets: April 18

Steering Clients Through Unstable Markets

Nvidia Correction Helps Advisors Talk Diversification

Advisors Should Embrace Artificial Intelligence

Earnings season to test breadth of stock market rally

Lagging Mag 7 stocks may mean 'new life' for other sectors

Are Tech Stocks a Separate Asset Class?

The two best-positioned megacap tech stocks in 2024: Analyst

Market is 'evolving' towards consumer discretionary: Strategist

AI-powered stocks will face increasingly stiff competition: Analyst

The S&P 500 is up 5 months straight — and history favors momentum

S&P 500 closes at record high in a cheery day for markets, tech

Stocks' surge to record highs doesn't mean we're in a bubble

3 companies are driving the 'Magnificent 7' trade

The biggest risks posed to a historic earnings season

Stocks close higher led by materials, real estate

Big Tech falls short on AI revenue expectations

Tech earnings could make or break market rallies

One chart shows why Big Tech earnings are critical for the health of the market rally

Performance Overview