Stock Market Update: Technology Gaining Strength

Posted by Briefing Investor

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Equity indices have climbed off their lows, but they continue to sport slim losses. The Russell 2000 (-0.2%) is the weakest-performing index while the Dow hovers just below its flat line. 

Most sectors remain in negative territory, but technology (+0.3%) has joined the telecom services sector (+0.4%) in the green. Chipmakers have contributed to the rebound as the PHLX Semiconductor Index trades higher by 0.3%.