Last Update: 22-Jun-12 10:02 ET
S&P Information Technology Index (+0.4%) trading higher today along with the broader market
The tech sector is trading higher today, in line with gains in the broader market. Semiconductors are also showing relative strength with the Philly Semi Index trading 0.9% higher. NXPI (+4.8%) is a notable leader in that chip index. Among other major indices, the SPY is trading 0.4% higher today, while the QQQ and the NASDAQ are trading 0.4% higher on the session. Among tech bellwethers, FB (+3.3%) is showing notable strength.
It has been a quiet morning in the tech space with no news or earnings of note.
Among notable analyst upgrades this morning, GLW (+0.5%) was upgraded to Neutral at JP Morgan. While in downgrades, EA (+0.1%) was downgraded to Neutral at Citigroup.
The tech sector is trading higher today, in line with gains in the broader market. Semiconductors are also showing relative strength with the Philly