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Sector Update: Tech
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Sector Update: Tech
Apr 20, 2026 10:46 AM

01:20 PM EDT, 04/20/2026 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.2%.

The Philadelphia Semiconductor index shed 0.2%.

In corporate news, Alphabet's (GOOGL) Google has built a strike team of engineers and researchers to enhance its AI coding models, The Information reported. Alphabet shares were down nearly 1%.

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