01:24 PM EST, 01/27/2026 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.7%.
The Philadelphia Semiconductor index climbed 2.7%.
In corporate news, CoreWeave ( CRWV ) shares jumped past 12% after Deutsche Bank upgraded the company's stock to buy from hold and raised its price target to $140 from $100.