From Nasdaq:

Tech stocks are on the rise, with the XLK up 1.1% and the XSD climbing 1.6% on Wednesday afternoon. This trend indicates positive investor sentiment towards the technology sector, reflecting confidence in the industry’s growth potential. As companies continue to innovate and develop new technologies, the outlook for tech stocks remains optimistic.



Read more: Technology Sector Update for 02/07/2024: SNAP, BABA, RBLX