-- Tech stocks were higher Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1%.
The Philadelphia Semiconductor index increased 0.6%.
In corporate news, Apple (AAPL) jumped past 4% after the company overnight reported a year-over-year surge in fiscal Q2 earnings and revenue. Apple's board also raised its quarterly dividend and approved an additional share buyback program of up to $100 billion.
3:00 Friday vs 3:00 Thursday2yr 99-24 vs 99-23; 3.884% vs 3.881%5yr 99-12 vs 99-11; 4.018% vs 4.019%10yr 98-00 vs 97-29; 4.375% vs 4.388%30yr 96-22 vs 96-11; 4.963% vs 4.985%2/10 48.906 bps vs 50.435 bps5/30 94.299 bps vs 96.315 bps
PACS Group (PACS) said Friday that its subsidiaries have acquired the operations of post-acute care facility Ridgeway Senior Living in Anchorage, Alaska.Financial terms of the acquisition were not disclosed.As part of the transaction, PACS has acquired land adjacent to the building, where it plans to build a subsequent 150-bed skilled nursing facility with an expected completion date of 2028, according to a statement.Price: $33.25, Change: $-0.30, Percent Change: -0.89%
Zions Bancorporation (ZION) said Friday its board has authorized up to $225 million in share repurchases for the remainder of 2026, bringing its total planned buybacks for the year to $300 million.The bank also maintained its quarterly dividend at $0.45 per share, payable May 21 to shareholders of record on May 14.Price: $63.55, Change: $+0.13, Percent Change: +0.20%