03:23 PM EDT, 07/01/2025 (MT Newswires) -- Tech stocks were lower late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 0.9% and the SPDR S&P Semiconductor ETF (XSD) easing 0.1%.

The Philadelphia Semiconductor index shed 0.6%.

In corporate news, Apple ( AAPL ) is suing former employee Di Liu for allegedly stealing the company's proprietary information related to the wearable device Vision Pro. Separately, Apple ( AAPL ) lost its bid to dismiss an antitrust case lodged by the US Department of Justice and a group of state attorneys general, Bloomberg reported Monday. Apple ( AAPL ) shares were rising 1.4%.