03:15 PM EDT, 06/09/2026 (MT Newswires) -- Tech stocks were lower late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.5% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 4.1%.

The Philadelphia Semiconductor index slumped 3.2%.

In corporate news, Satellogic ( SATL ) shares fell 8.5% after the company said Rick Dunn will step down as its chief financial officer.