Historical Year Data · 2023
Technology (XLK) in 2023
Technology (XLK) opened 2023 at $61.63 and closed at $96.24, a +56.16% move for the year. The high of $96.54 was reached on December 28, and the low of $60.59 on January 5.
Open
$61.63
2023-01
Close
$96.24
250 data points
High
$96.54
Dec 28
Low
$60.59
Jan 5
Full Year Change
+56.16%
2022 Change
-29.10%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $61.63 | $67.98 | $68.35 | $60.59 | +10.30% |
| Feb | $69.58 | $68.26 | $72.04 | $68.04 | -1.90% |
| Mar | $67.76 | $75.5 | $75.5 | $67.76 | +11.43% |
| Apr | $75.39 | $75.42 | $75.42 | $71.99 | +0.04% |
| May | $75.46 | $82.14 | $82.83 | $73.77 | +8.85% |
| Jun | $82.97 | $86.93 | $87.32 | $81.71 | +4.77% |
| Jul | $86.75 | $89.18 | $90.13 | $85.61 | +2.80% |
| Aug | $89.32 | $87.83 | $89.32 | $82.36 | -1.67% |
| Sep | $88.1 | $81.96 | $88.42 | $80.99 | -6.96% |
| Oct | $82.85 | $82 | $85.54 | $80.1 | -1.01% |
| Nov | $83.59 | $92.58 | $92.72 | $83.59 | +10.75% |
| Dec | $92.79 | $96.24 | $96.54 | $91.43 | +3.72% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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