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Sector Update: Tech
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Sector Update: Tech
Mar 11, 2026 1:52 AM

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.

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