Markets· August 17, 2026 at 01:51 p.m.
Tech Sector Maintains Gains Amidst Slipping Stocks
Key takeaways
- Tech sector holds gains amidst slipping stocks
- AI startup Anthropic reports substantial revenue
- Five out of seven tech stocks trading in the red
Stocks opened on a mixed note this morning, with the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) experiencing losses, while the tech-heavy Nasdaq Composite (^IXIC) held steady. The technology sector (XLK) was one of the few sectors in the green, bolstered by a substantial revenue report from AI startup Anthropic (ANTH.PVT). However, five out of the 'Magnificent Seven' tech stocks were trading in the red, indicating a fragile hold on the morning's gains.
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Notable stocks attracting attention among Yahoo Finance readers include Micron (MU), Sandisk (SNDK), Intel (INTC), SK Hynix (SKHY), Meta (META), Bloom Energy (BE), and Seagate Technology (STX).
