XLK Stock Recent News

I am navigating the 'Trumpcession' by focusing on low-cost, tech-focused ETFs like XLK, which offer resilience and long-term growth potential amid economic uncertainty. Despite potential stagflation and recession risks, I believe US tech companies will innovate and rebound, making them attractive investments during market corrections. I also see opportunities in undervalued single stocks with strong fundamentals and Bitcoin as a hedge against poor policymaking and unreliable governments.

Dan Ives, Wedbush, reacts the tech sell-off following the latest round of tariff negotiations.

The XLK ETF has corrected to below 25x forward earnings, making it attractive due to its strong weighting in growth companies like Microsoft and Nvidia. Tariffs and trade wars could negatively impact tech companies, particularly Apple, by increasing costs and reducing margins, affecting their stock performance. Diversification within the ETF, especially in software companies like Microsoft, Salesforce, and Palantir, mitigates some risks associated with hardware production and tariffs.

The Invesco QQQ Trust provides exposure to a greater number of established technology firms.

With March 2025 proving to be a turbulent chapter for the U.S. stock market, the technology sector is at the heart of the storm. What began as a year of cautious optimism has unraveled into a wave of selling pressure driven by tariff uncertainties, fading AI euphoria, and doubts about lofty valuations.

Launched on 12/16/1998, the Technology Select Sector SPDR ETF (XLK) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.

After a hot run driven by artificial intelligence (AI), technology stocks are now showing weakness, with widespread losses as technical indicators suggest more downside ahead.

Invesco NASDAQ 100 Index ETF CAD Units (QQC:CA) offers Canadian investors exposure to U.S. tech equities with CAD-hedging for capital preservation, despite higher expenses. The ETF has outperformed TSX and SP500 in price performance over the past three years, driven by significant tech sector exposure. Current tech sector downturn and high valuations suggest a cautious approach, but a tech recovery may yet be in sight.

Are you looking for investment growth without all the monitoring and activity that growth portfolios usually require? Well, good news!

It's been a rough few weeks for the S&P 500 as well as other major American economic indicators. The S&P 500 hit its lowest level in four months on Tuesday, erasing its election gains.