Key Technology, Inc. (KTEC) stock prices updated...
 

Key Technology, Inc. stock price

Key Technology, Inc. latest news:


  • 09/18/2017 14:12:33

    Dow, S&P 500 score back-to-back records; Nasdaq again lags behind

    U.S. stock benchmarks climbed on Monday, with the S&P 500 index and the Dow industrials closing at all-time highs for a second straight session, ahead of the start of a key gathering of the Federal Reserve. However, technology stocks lagged behind, limiting gains for the Nasdaq Composite Index. The Dow Jones Industrial Average rose 63 points, or 0.3%, to 22,331, led by sharp gains for industrials giants Caterpillar Inc. and General Electric Co. . The S&P 500 index advanced about 3 points, or 0.2%, to 2,503. The Nasdaq Composite , meanwhile, finished up 6 points, or 0.1%, at 6,454. The Fed's policy setting Federal Open Market Committee begins its two-day meeting on Tuesday, which could determine the path for the coming stocks and bonds in the coming months. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/05/2017 05:07:09

    Oracle's stock climbs after analyst upgrade on cloud optimism

    Shares of Oracle Corp. were indicated up nearly 1% in premarket trade Wednesday, after the software giant was upgraded at KeyBanc Capital, which cited increasing confidence in the company's cloud offerings. Analyst Monika Garg raised her rating to overweight, after being at sector weight since October 2015. She kept her stock price target at $61, which implies a 24% gain from Monday's closing price of $49.36. Garg said there were four main reasons for the upgrade: 1) Oracle's cloud business could double to a $12 billion business within two years; 2) the conversion of Oracle's existing customers to the cloud is still in its early stages; 3) the growth of artificial intelligence will help fortify Oracle's power of incumbency; and 4) margins could start expanding after years of cloud investment. "We have increasing confidence in the multiyear potential within cloud where optimism is warranted, in our view," Garg wrote in a note to clients. The stock has soared 28% year to date through Monday, while the SPDR Technology Select Sector ETF has climbed 12% and the S&P 500 has gained 8.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/27/2017 14:14:09

    Tech rout puts Nasdaq on pace for 1st monthly loss in 2017, as stock market ends lower

    Carnage in technology shares put the Nasdaq Composite on track for its first monthly decline in 2017, as a delay in a key health-care bill in the Senate casts doubt on President Donald Trump's pro-growth agenda. GOP senators postponed a vote on the controversial bill to overhaul so-called Obamacare until after the July 4 recess. The Nasdaq Composite Index closed off 1.6%, marking its worst daily decline since June 9th, when tech suffered a 1.8% collapse. The S&P 500 ended off 0.8% at 2,419, while the Dow Jones Industrial Average finished 0.5% lower at 21,310. Selling in health-care related sectors, particularly in biotech, which would presumably be the most affected by the legislation, was the most pronounced. The exchange-traded iShares Nasdaq Biotechnology ETF ended 2.76%, representing its steepest one-day drop since a 2.77% drop March 21. Health-care related ETF, the Health Care Select Sector SPDR ETF , closed down 0.9%. Meanwhile, the tech-focused Technology Select Sector SPDR ETF wrapped up off 1.6%, its worst daily drop since June 9. Meanwhile, financial stocks were one of the few bright spots on the day, with a 0.5% rise for the bank-focused Financial Select Sector SPDR ETF , led by a 1.8% rise in Charles Schwab Corp. and Regions Financial Corp. .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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