Tech stocks, including XLK and XSD, were up with positive news from ON Semiconductor and Apple.
From Nasdaq: 2024-07-29 13:58:07
Tech stocks, including XLK and XSD, were up Monday afternoon, with ON Semiconductor beating Q2 estimates and providing an earnings outlook that matched analyst expectations. ON shares soared over 12%. Meanwhile, HPE is set to receive EU antitrust approval for its purchase of Juniper Networks, with Apple expected to exceed Q3 expectations, causing a 0.4% rise in its shares.
Read more at Nasdaq: Sector Update: Tech Stocks Higher Monday Afternoon