Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 retreated from its record, and what’s on the radar…
Yuichiro Chino | Moment | Getty Images Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players. The Technology Select Sector SPDR Fund (XLK) advanced 1.5%, rallying for its fourth straight day since mid-October and knocking out its previous high touched…
The iShares Expanded Tech-Software Sector ETF (IGV) has been getting a lot of attention, and rightly so. Since May 2024, the ETF has notably outperformed the greater SPDR Technology Trust ETF (XLK) : +23% vs. +10%. Things have recently accelerated in November, and Tuesday, the IGV Software ETF was one of just three ETFs we…