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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/09/30 19:28
03:28 PM EDT, 09/30/2026 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) shedding 0.1%. The Philadelphia Semiconductor index advanced 0.3%. In corporate news, Hewlett Packard Enterprise (HPE) raised its fiscal 2027 revenue growth outlook for its networking segment while securing a $1.2 billion order from Vultr. Its shares jumped past 5%.
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