01:19 PM EDT, 06/25/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.7% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.2%.

The Philadelphia Semiconductor index added 0.6%.

In corporate news, Paychex ( PAYX ) reported fiscal Q4 revenue that missed Wall Street estimates, while the company issued an upbeat outlook for the current year. The shares fell 8.5%.