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Sector Update: Tech
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Sector Update: Tech
Mar 20, 2026 1:04 PM

03:36 PM EDT, 03/20/2026 (MT Newswires) -- Tech stocks were lower late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.7% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 3.3%.

The Philadelphia Semiconductor index slumped 3.5%.

In corporate news, Roblox ( RBLX ) will take a share of revenue from game sponsorships as part of advertising policy overhaul, with more details to be shared in Q2, Bloomberg reported, citing a company memo. Roblox ( RBLX ) shares were down 2.2%.

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