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Sector Update: Tech
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Sector Update: Tech
Aug 26, 2025 10:20 AM

12:58 PM EDT, 08/26/2025 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) rising 2%.

The Philadelphia Semiconductor index added 1.1%.

In corporate news, Heico's ( HEI ) fiscal Q3 results surpassed market expectations as the aerospace and electronics company recorded double-digit revenue growth in its two main segments. Its shares rose past 7%.

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