03:20 PM EDT, 10/29/2025 (MT Newswires) -- Tech stocks rose late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the SPDR S&P Semiconductor ETF (XSD) advancing 1%.

The Philadelphia Semiconductor index climbed 2%.

In corporate news, Microsoft's ( MSFT ) cloud computing service Azure experienced an outage on Wednesday, with customers reporting issues accessing the Azure Portal. On its Azure status webpage, Microsoft ( MSFT ) cited Domain Name System issues that disrupted availability across several services. Microsoft ( MSFT ) shares were down 0.5%.