01:25 PM EDT, 06/04/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) rising 2%.

The Philadelphia Semiconductor index climbed 1.3%.

In corporate news, Hewlett Packard Enterprise ( HPE ) raised its full-year earnings outlook at the midpoint and reported stronger-than-expected fiscal Q2 results. Its shares added 0.5%.