Software’s Rebound Puts Stocks On Track for Best Week Since 2001
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergAn exchanged-traded fund trading software stocks is climbing again Friday, putting it on track for the best week in 25 years.
The iShares Expanded Tech-Software Sector ETF, ticker IGV, was up 1.2% as of 11:53 a.m. in New York, its fifth-straight session in the green. If the gains hold, it will end the week up 14%, its best performance since October 2001.