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Sector Update: Tech
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Sector Update: Tech
May 29, 2025 1:06 PM

03:30 PM EDT, 05/29/2025 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) fractionally higher and the SPDR S&P Semiconductor ETF (XSD) down 0.5%.

The Philadelphia Semiconductor index added 0.3%.

In corporate news, Meta (META) is partnering with American defense technology company Anduril to design and build extended reality products for the US military, according to a joint statement Thursday. Meta shares were fractionally higher.

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