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Sector Update: Tech
Sep 5, 2025 10:19 AM

01:02 PM EDT, 09/05/2025 (MT Newswires) -- Tech stocks were mixed Friday afternoon with the Technology Select Sector SPDR Fund (XLK) easing 0.2% and the SPDR S&P Semiconductor ETF (XSD) increasing 0.8%.

The Philadelphia Semiconductor index climbed 1.2%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) was fined 2.95 billion euros ($3.5 billion) by the European Commission for violating "EU antitrust rules by distorting competition in the advertising technology industry." Alphabet shares rose 0.8%.

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