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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/09/02 16:58
12:58 PM EDT, 09/02/2026 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.5%. The Philadelphia Semiconductor index rose 0.4%. In corporate news, Dell (DELL) shares jumped past 7% after it reported higher fiscal Q2 non-GAAP adjusted earnings and revenue, and raised its fiscal 2027 guidance.
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