S&P 500 Tumbles: Tech Stocks Gain but Everything Else Falls

Jason Hall, The Motley Fool
·5 min read
S&P 500 Tumbles: Tech Stocks Gain but Everything Else Falls
S&P 500 Tumbles: Tech Stocks Gain but Everything Else Falls

Today's biggest gainers -- no surprise -- were tech stocks. Xilinx (NASDAQ: XLNX) shares picked up 8.6% following the official announcement that Advanced Micro Devices (NASDAQ: AMD) was paying $35 billion to acquire its smaller rival. Shares of F5 Networks (NASDAQ: FFIV) gained 8.5% on earnings.