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Sector Update: Tech
Oct 17, 2025 12:52 PM

03:38 PM EDT, 10/17/2025 (MT Newswires) -- Tech stocks were mixed late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1.1%.

The Philadelphia Semiconductor index eased 0.1%.

In corporate news, Formula One Group, a subsidiary of Liberty Media (FWONA, FWONK, LLYVA, LLVYK), signed a five-year deal with Apple ( AAPL ) to be the exclusive US broadcaster of Formula 1 races. Apple ( AAPL ) shares rose 2.2%.

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