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Sector Update: Tech
Jun 8, 2026 10:19 AM

12:58 PM EDT, 06/08/2026 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 3% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.6%.

The Philadelphia Semiconductor index popped 6.7%.

In corporate news, Amazon ( AMZN ) said Monday it signed a multibillion-dollar deal with Corning (GLW) to supply optical fiber, cable and connectivity products for its growing US data center network. Corning shares jumped past 6%, and Amazon ( AMZN ) was down 0.2%.

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