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Sector Update: Tech
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Sector Update: Tech
Apr 2, 2026 10:42 AM

01:18 PM EDT, 04/02/2026 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.6%.

The Philadelphia Semiconductor index decreased 0.3%.

In corporate news, Penguin Solutions ( PENG ) shares jumped nearly 14% after the firm reported better-than-expected fiscal Q2 results.

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