Positive Tech Earnings Give ETFs a Lift

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Better-than-expected third-quarter results from a few technology companies gave exchange traded funds (ETFs) a little life before the markets went into the weekend.
Software maker Oracle (NASDAQ: ORCL) and BlackBerry maker Research in Motion (NASDAQ: RIMM) beat expectations in their earnings reports. The news lifted hopes that tech companies would finally begin to boost revenues. iShares Goldman Sachs Software Index (NYSEArca: IGM) is up a little more than 1% this morning; Oracle is 4% and Research in Motion is 1.5%.

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Source: ETF Trends

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