Sectors
Sector Update: Tech Stocks Fall Pre-Bell Tuesday
Technology stocks were falling pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.6% lower.Baidu (BIDU) shares were down nearly 9% after the company reported lower Q2 non-GAAP earnings and revenue.Vnet Group (VNET) stock was 9% lower after the company posted a wider Q2 net loss.Einride (ENRD) shares were up more than 22% after the company reported a narrower H1 loss as revenue increased during the period.
$BIDU$ENRD$VNET$XLK$XSD
