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Sector Update: Tech
May 29, 2026 12:55 PM

03:17 PM EDT, 05/29/2026 (MT Newswires) -- Tech stocks were mixed late 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 3.1%.

The Philadelphia Semiconductor index was decreasing 0.3%.

In corporate news, NetApp ( NTAP ) shares surged 26% after the company late Thursday released its fiscal Q4 results.

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