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Sector Update: Tech

Mar 14, 2025 12:38 PM

03:21 PM EDT, 03/14/2025 (MT Newswires) -- Tech stocks climbed late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 2.9% and the SPDR S&P Semiconductor ETF (XSD) jumping 4%.

The Philadelphia Semiconductor index advanced 3.2%.

In corporate news, Oracle (ORCL) is in talks with the Indonesian government to build a cloud services center in the country, Bloomberg reported. Oracle shares rose 1.3%.

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