01:02 PM EDT, 05/29/2026 (MT Newswires) -- Tech stocks were mixed Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 2.6%.

The Philadelphia Semiconductor index was 0.1% higher.

In corporate news, Dell Technologies ( DELL ) shares jumped past 28% after it reported overnight fiscal Q1 financial results that topped analyst estimates and issued higher-than-expected guidance for fiscal Q2 and the full year.