Year-to-Date Weekly Chart
Information Technology Sector
For the week ended 01/08/2021 FTEC closed at $105.62. The first weekly close of the year was at $73.08 which makes the latest close 44.5% higher in the latest week than early this year.
The price for FTEC which represents the Information Technology sector has ranged from a low of $55.17 to $105.94. This puts the latest close 0.3% below the high for the year and 91.4% above the low for the year.
For the purpose of comparison, the S&P 500 index closed the last week at 105.62. This weeks' close was 0.3% below this years high and 91.4% above this years low.
The sector is up roughly 44.5% for the year, which is out performing the market by 0.0%, which is up by 44.5% so far this year.
The Information Technology Sector contains stocks of companies whose primary business is related to the research, development and distribution of technology goods and services.
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.