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Sector Update: Tech
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Sector Update: Tech
Apr 7, 2026 12:57 PM

03:25 PM EDT, 04/07/2026 (MT Newswires) -- Tech stocks fell late Tuesday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.4%.

The Philadelphia Semiconductor index eased 0.1%.

In corporate news, Amazon ( AMZN )-backed (AMZN) Anthropic said Tuesday that it is launching a new initiative called Project Glasswing, after the company observed its frontier model Claude Mythos Preview exceeding "most skilled humans" at finding and exploiting software vulnerabilities. Amazon ( AMZN ) shares were up 0.2%.

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