Technology & Communications, Services sectors experience significant losses, with NVIDIA and Interpublic Group down

From Nasdaq: 2025-04-16 14:38:00

The Technology & Communications sector is the worst performer, with a 2.7% loss. NVIDIA Corp (NVDA) and Advanced Micro Devices Inc (AMD) are down 9.0% and 8.5% respectively. The XLK ETF is down 4.1% on the day and 16.99% year-to-date.

The Services sector follows with a 2.2% loss. Interpublic Group of Companies Inc. (IPG) and Omnicom Group, Inc. (OMC) are down 7.0% and 6.7% respectively. The IYC ETF is down 2.6% and 13.32% year-to-date.

Energy is the only sector up (0.9%), with Utilities (-0.5%) and Technology & Communications (-2.7%) among the worst performers. Check out the latest Dividend Giants and top hedge fund holdings.



Read more at Nasdaq: Wednesday Sector Laggards: Technology & Communications, Services