The tech sector is trading just higher today, ahead of a flat broader market. Semiconductors are showing relative weakness, however, with the SOX trading 0.1% lower. Within the chip index, WFR (-1.8%) is a notable laggard. Among other major indices, the SPY is flat on the day, while the QQQ and the NASDAQ are trading modestly higher on the session. Among tech bellwethers, INTC (-1.0%) is showing notable weakness.
There were no earnings of note in the tech space last night or this morning. In news, ZNGA's (-1.6%) Chief Creative Officer is leaving the company to head a startup company. ZNGA, however, is backing the new company, according to reports. In notable analyst research this morning in the tech space, Oppenheimer upgraded ANGI (+5.6%) to Outperform. There are no notable names in tech scheduled to report quarterly results today after the close.






