Tech stocks seek to rise, stock market opens with volatility
2026-08-17 22:17:58
According to CoinMeta, as reported by Yahoo Finance, tech stocks sought to rise at the opening of trading, despite the decline in the Dow Jones Industrial Average and the S&P 500 Index. The Nasdaq Composite Index, which has a heavy tech component, experienced fluctuations. According to the heat map from Yahoo Finance Alphaspace data, the tech sector was one of the few areas that saw gains at the start of trading. The substantial revenue of AI startups Anthropic helped boost semiconductor stocks. However, the gains in tech stocks seemed fragile, with five of the "Big Seven" stocks experiencing declines during trading. Other sectors generally fell, with sectors such as consumer goods, communications services, and basic materials performing poorly. Some notable stocks of interest to Yahoo Finance readers include: Micron ( MU ), SanDisk ( SNDK ), Intel ( INTC ), SK Hyundai Electronics ( SKHY ), Meta ( META ), Bloom Energy ( BE ), and Western Data ( STX ).
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Source:Internet
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