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Sector Update: Tech
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Sector Update: Tech
Oct 30, 2025 12:48 PM

03:30 PM EDT, 10/30/2025 (MT Newswires) -- Tech stocks declined late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) dropping 1.1% and the SPDR S&P Semiconductor ETF (XSD) falling 0.8%.

The Philadelphia Semiconductor index shed 1.1%.

In corporate news, Roblox ( RBLX ) flagged potential margin pressures due to increased investments in infrastructure and personnel, even as it raised its full-year bookings guidance. The stock fell 16%.

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