financetom
Market
financetom
/
Market
/
Sector Update: Tech
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech
Jun 16, 2025 11:03 AM

01:34 PM EDT, 06/16/2025 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.8% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.6%.

The Philadelphia Semiconductor index added 3.2%.

In corporate news, Meta (META) said Monday it will "slowly" introduce channel subscriptions, promoted channels, and ads in Status in WhatsApp over the next several months. Meta shares rose 2.9%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nasdaq Composite Falls 2% as Tech Loses Ground Amid Valuation Concerns
Nasdaq Composite Falls 2% as Tech Loses Ground Amid Valuation Concerns
Nov 4, 2025
05:07 PM EST, 11/04/2025 (MT Newswires) -- The Nasdaq Composite declined 2% on Tuesday as concerns around stretched tech valuations weighed on market sentiment. The Nasdaq registered its biggest one-day drop since Oct. 10, finishing the day at 23,348.6. The S&P 500 fell 1.2% to 6,771.6, while the Dow Jones Industrial Average lost 0.5% to 47,085.2. Among sectors, technology saw...
Japan's Nikkei falls 2.5% as tech stocks track Wall Street lower
Japan's Nikkei falls 2.5% as tech stocks track Wall Street lower
Nov 4, 2025
(Adds comments, details and updates stock prices) By Junko Fujita TOKYO, Nov 5 (Reuters) - Japan's Nikkei share average closed 2.5% lower on Wednesday, as high-flying technology stocks lost ground following sharp overnight declines on Wall Street. The Nikkei closed the session lower at 50,212.27. Earlier in the session, the index fell as much as 4.65% to 49,073.58, its lowest...
Japan's Nikkei falls 4% as tech stocks follow Wall Street lower
Japan's Nikkei falls 4% as tech stocks follow Wall Street lower
Nov 4, 2025
(Adds comments, updates stock prices) By Junko Fujita TOKYO, Nov 5 (Reuters) - Japan's Nikkei share average fell 4% on Wednesday and was on track for its worst session in seven months, as high-flying technology stocks lost ground after Wall Street's sharp declines overnight. The Nikkei was down 4% at 49,446.53, as of 0149 GMT, hitting its lowest point since...
ROI-Fed divisions threaten Powell's era of consensus: McGeever
ROI-Fed divisions threaten Powell's era of consensus: McGeever
Nov 4, 2025
ORLANDO, Florida, Nov 4 (Reuters) - Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's consensus-building skills to the ultimate test. The Fed's decision last week to cut interest rates was unexceptional, but the meeting was historic. The 10-2 vote to cut rates by a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved