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Stock impact report

5 Technology Stocks Powering S&P 500 ETF [Yahoo! Finance]

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: Yahoo! Finance
The stunning comeback occurred just over a month after the market had tumbled to near bear market levels on April 8, courtesy of President Trump's aggressive tariff plans. Per Bespoke Invest, the S&P 500 erased its 15% year-to-date loss in less than six weeks, marking the fastest recovery since 1982 (read: S&P 500 Makes the Fastest Recovery Since 1982: 5 Best ETFs). The 90-day U.S.-China trade truce and strong earnings, especially from tech giants, renewed market optimism. SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, is up 0.4% this year. While many stocks powered the ETF, technology has been the clear leader in the latest leg of the rally. Here, we have highlighted five technology stocks that have led the way higher in the ETF over the past month and have a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold). These are Microchip Technology Inc. MCHP, Seagate Technology STX, Palantir Technologies Inc. PLTR, Micron Technology MU and Arista Networks Inc. ANET. Show less Read more
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