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Sector Update: Tech

Jun 11, 2025 10:42 AM

01:19 PM EDT, 06/11/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.2%.

The Philadelphia Semiconductor index gained 0.1%.

In corporate news, SailPoint ( SAIL ) shares jumped 17% after the security software company raised its full-year outlook after fiscal Q1 revenue topped Wall Street's expectations.

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