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Sector Update: Tech
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Sector Update: Tech
Oct 28, 2025 10:31 AM

01:03 PM EDT, 10/28/2025 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.7% and the SPDR S&P Semiconductor ETF (XSD) up 0.4%.

The Philadelphia Semiconductor index added 0.4%.

In corporate news, Nvidia ( NVDA ) plans to make a $1 billion equity investment in Nokia ( NOK ) for a 2.9% stake in the Finnish firm. Nokia ( NOK ) shares jumped 25%, and Nvidia ( NVDA ) was up 1.4%.

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