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Tech lunch: Seeing green on trade optimism

Published 12/11/2018, 12:07 PM
© Reuters.  Tech lunch: Seeing green on trade optimism
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  • The tech sector (NYSEARCA:XLK) +0.7% goes green today as US-China trade war sentiment leans more positive, which gave a large boost to semis with the Philadelphia Semiconductor Index up 1.1%. The lighter news day has included Dell receiving shareholder approval for its tracking stock buyout and Google (NASDAQ:GOOGL) CEO Sundar Pichai testifying before a House committee.
  • The S&P 500 IT Index is up 0.4% and the Nasdaq 100 gains 0.6% compared to the 0.04%, 0.2%, and 0.5% for the Dow, S&P 500, and Nasdaq, respectively.
  • Related semiconductor ETFs: SOXL, SOXX, SMH, USD, PSI, XSD, SOXS, SSG, FTXL, XTH
  • Previously: Dell shareholders approve tracking stock buyout (Dec. 11)
  • Previously: Google CEO testifies for House committee (updates) (Dec. 11)
  • Now read: 'If There's Something Weird, And It Don't Look Good, Who You Gonna Call? Ghostbusters!'


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