12:55 PM EDT, 06/02/2026 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) adding 0.7% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 4.8%.

The Philadelphia Semiconductor index climbed 4.7%.

In corporate news, Hewlett Packard Enterprise ( HPE ) shares jumped past 16% after the company reported fiscal Q2 earnings ahead of analysts' forecasts.