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Sector Update: Tech
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Sector Update: Tech
May 29, 2026 6:12 AM

08:53 AM EDT, 05/29/2026 (MT Newswires) -- Technology stocks were rising pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 1% higher.

Dell Technologies ( DELL ) shares were up more than 33% after the company reported fiscal Q1 financial results that topped analyst estimates and issued higher-than-expected guidance for fiscal Q2 and the full year.

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