01:14 PM EDT, 07/11/2025 (MT Newswires) -- Tech stocks were lower Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) down fractionally and the SPDR S&P Semiconductor ETF (XSD) shedding 0.9%.

The Philadelphia Semiconductor index increased 0.1%.

In corporate news, Meta (META) is almost certain to be hit by new antitrust charges in the EU as the Facebook owner is very unlikely to tweak its pay-or-consent model, Reuters reported Friday. Meta shares were down 0.9%.