The technology sector fell sharply as hopes for a cease-fire in the U.S.-China trade conflict faded.
Semiconductor makers, whose products criss-cross the Pacific between the U.S. and China, were among the hardest hit. The PHLX Semiconductor index fell by more than 4%.
Software company VMware plans to buy Pivotal Software and cybersecurity provider Carbon Black, bolstering its push to allow customers to build, manage and secure applications across devices and cloud-computing environments.
A federal appeals court on Friday halted for now a ruling that found Qualcomm committed an array of antitrust violations, a boost for the chip designer that allows it to maintain its business practices for the near future.
Rob Curran, email@example.com