Shares of technology companies were flat as traders hedged their bets on the outlook for growth in the sector.
Shares of Canadian semiconductor concern Sierra Wireless rose after Bloomberg News reported that chipmaker Semtech was in advanced acquisition talks with Sierra.
The Securities and Exchange Commission said it charged 11 individuals with creating and promoting a fraudulent platform that operated as a global cryptopyramid and Ponzi scheme.
Electric truck maker Nikola has agreed to buy battery technology company Romeo Power in a stock deal that values Romeo at about $144 million.
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(END) Dow Jones Newswires
01 August 2022 17:22 ET (21:22 GMT)
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