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Sector Update: Tech
Apr 8, 2026 12:44 PM

03:20 PM EDT, 04/08/2026 (MT Newswires) -- Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.7% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.1%.

The Philadelphia Semiconductor index gained 5.8%.

In corporate news, Firefly Aerospace ( FLY ) and Nvidia ( NVDA ) said Wednesday they collaborated to enable rapid on-orbit data analysis for a lunar imaging service using a specialized computing module. Nvidia ( NVDA ) shares rose 2.1%, and Firefly added 6.2%.

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