SPY420.86+5.94 1.43%
DIA338.78+5.82 1.75%
IXIC14,141.48+111.10 0.79%

Sector Update: Tech

05/11/2021 04:58

08:47 AM EDT, 05/11/2021 (MT Newswires) -- Technology stocks were declining before the opening bell on Tuesday. The Technology Select Sector SPDR ETF (XLK) was down 1.99% and the Semiconductor Sector Index Fund (SOXX) was 3.30% lower recently.

In company news, 3D Systems (DDD) was more than 7% higher after it swung to non-GAAP earnings of $0.17 per share from a loss of $0.04 per share a year ago. It also reported revenue of $146.1 million, up from $135.6 million a year earlier.