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Sector Update: Tech
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Sector Update: Tech
Mar 11, 2026 4:59 AM

01:22 PM EST, 02/20/2026 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.4%.

The Philadelphia Semiconductor index rose 0.6%.

In corporate news, RingCentral ( RNG ) shares jumped 33% after the company overnight reported higher Q4 earnings per share and revenue, and issued a Q1 EPS forecast above expectations.

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