Shares of KLA-Tencor Corp. (KLAC) steadily declined during the first 45 minutes of trade Friday, but settled into a range for the remainder of the session. The stock closed down by 2.28 at $52.65 on above average volume.
KLA-Tencor dropped to over a month and a half low on Friday and fell below its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.