Dip buyers flock to tech funds after earnings spark rout

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Bargain hunting drove investors to exchange-traded funds (ETFs) tracking technology companies after shares fell sharply on mixed earnings from heavyweights.The iShares US Technology ETF, which has $11.

Bargain hunting drove investors to exchange-traded funds tracking technology companies after shares fell sharply on mixed earnings from heavyweights.

The fund's price fell nearly 4 per cent in the week, as mixed results from megacaps like Alphabet weighed on the sector. However, worries about higher-for-longer interest rates have stalled the momentum and set the benchmark on course for monthly losses.

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日本 最新ニュース, 日本 見出し