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Sector Update: Tech
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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%.

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