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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/10/30 13:00
09:00 AM EDT, 10/30/2026 (MT Newswires) -- Technology stocks were falling premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 3.5% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 7%. Intel (INTC) shares were down more than 25% after the company reported Q3 revenue below analyst estimates and issued downbeat Q4 outlook.
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