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Sector Update: Tech
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Sector Update: Tech
May 26, 2025 11:05 AM

01:43 PM EDT, 05/20/2025 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) shedding 0.5% and the SPDR S&P Semiconductor ETF (XSD) adding 0.1%.

The Philadelphia Semiconductor index declined 0.3%.

In corporate news, shipments of smartphones, including Apple ( AAPL ) iPhones, from China to the US have fallen to their lowest levels in 14 years, Bloomberg reported. Apple ( AAPL ) shares were down 0.8%.

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