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Sector Update: Tech
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Sector Update: Tech
Jun 23, 2025 12:41 PM

03:26 PM EDT, 06/23/2025 (MT Newswires) -- Tech stocks were mixed late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) down 0.3%.

The Philadelphia Semiconductor index rose 0.4%.

In corporate news, Super Micro Computer ( SMCI ) shares fell past 8% after the company said it plans to offer $2 billion of convertible senior notes due 2030.

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