Shares of technology companies rose sharply ahead of earnings in the sector.
Microsoft shares rallied after the software giant’s quarterly earnings topped investor expectations. Alphabet shares slipped despite posting better-than-expected advertising sales.
Texas Instruments was flat ahead of an earnings report amid concerns of headwinds in the semiconductor sector.
Nikola shares rose after the hydrogen-electric truckmaker received a $165 million award in a case against its former chairman, Trevor Milton.
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