12:57 PM EST, 11/17/2025 (MT Newswires) -- Tech stocks were lower Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 1% and the SPDR S&P Semiconductor ETF (XSD) dropping 1.4%.

The Philadelphia Semiconductor index was shedding 0.7%.

In corporate news, Apple ( AAPL ) shares were down 1.6%. The tech giant lost a trial on Friday over whether it violated Masimo's (MASI) patents in some of its Apple Watch models and was ordered to pay $634 million in damages, news outlets reported.