01:02 PM EDT, 04/06/2026 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.8%.

The Philadelphia Semiconductor index rose 0.7%.

In corporate news, Seagate Technology ( STX ) shares jumped past 6% after Morgan Stanley lifted the company's price target to $582 from $468 while maintaining its overweight rating.