Technology
ETM

Technology Sector Update for 08/06/2018: ETM,SIGM

Top Tech Stocks

MSFT -0.01%

AAPL +0.35%

IBM -1.18%

CSCO +0.89%

GOOG -0.20%

Technology stocks were firming in recent trading, with the shares of tech stocks in the S&P 500 adding more than 0.4% in value while the Philadelphia Semiconductor Index was climbing nearly 0.4%.

Among technology stocks moving on news:

+ Consolidated Communications Holdings ( CNSL ) rose almost 5% on Monday after saying it has reached tentative three-year agreements with the unions representing about 1,200 workers of its employees in northern New England. The new pacts still must be ratified by members of the International Brotherhood of Electrical Workers and the Communication Workers of America.

In other sector news:

+ Sigma Designs ( SIGM ) was posting a small gain Monday afternoon, rising less than 1%, after late Friday saying it plans to voluntarily withdraw its stock from the Nasdaq Global Select market and submit a Form 25 filing with the U.S. Securities and Exchange Commission on August 15, with the delisting of its stock becoming effective 10 days later.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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