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Sector Update: Tech
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Sector Update: Tech
Mar 19, 2026 12:39 PM

03:24 PM EDT, 03/19/2026 (MT Newswires) -- Tech stocks rose late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) adding 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 1.3%.

The Philadelphia Semiconductor index advanced 1.3%.

In corporate news, Meta Platforms ( META ) launched its AI support assistant globally on Facebook and Instagram and outlined a multiyear plan to rely less on outside contractors for content moderation as it deploys more advanced AI systems. Meta shares were down 1.4%.

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