Technology Select Sector SPDR Fund (XLK)
After hours:
| Previous Close | 196.58 |
| Open | 195.83 |
| Bid | 192.28 x 1100 |
| Ask | 192.73 x 1000 |
| Day's Range | 192.04 - 196.46 |
| 52 Week Range | 143.92 - 212.35 |
| Volume | |
| Avg. Volume | 6,683,456 |
| Net Assets | 65.42B |
| NAV | 196.62 |
| PE Ratio (TTM) | 36.48 |
| Yield | 0.71% |
| YTD Daily Total Return | 2.30% |
| Beta (5Y Monthly) | 1.22 |
| Expense Ratio (net) | 0.09% |
| Inception Date | 1998-12-16 |
- Yahoo Finance Video
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 FinanceEarnings 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 Video
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.
