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Sector Update: Tech
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Sector Update: Tech
Nov 13, 2025 12:45 PM

03:25 PM EST, 11/13/2025 (MT Newswires) -- Tech stocks declined late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 2.9% and the SPDR S&P Semiconductor ETF (XSD) slumping 5.1%.

The Philadelphia Semiconductor index tumbled 4.6%.

In corporate news, Salesforce ( CRM ) agreed to acquire Doti, an agentic enterprise search company, to strengthen its AI research hub in Israel. Salesforce ( CRM ) shares fell 2.3%.

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