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Sector Update: Tech
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Sector Update: Tech
Mar 11, 2026 2:59 AM

03:15 PM EST, 02/04/2026 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) dropping 2.5% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.5%.

The Philadelphia Semiconductor index slumped 3.9%.

In corporate news, Intapp ( INTA ) shares were falling past 17% in recent Wednesday trading, a day after the company reported fiscal Q2 non-GAAP earnings that missed analysts' estimates.

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