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Sector Update: Tech

Feb 19, 2025 1:01 PM

03:30 PM EST, 02/19/2025 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 1.6%.

The Philadelphia Semiconductor index rose 0.8%.

In corporate news, Garmin ( GRMN ) shares jumped 12% after the company reported Q4 results that beat market expectations.

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