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Sector Update: Tech
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Sector Update: Tech
Jun 11, 2026 12:31 PM

03:02 PM EDT, 06/11/2026 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.8% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 5.2%.

The Philadelphia Semiconductor index popped 6%.

In corporate news, Amazon ( AMZN )-backed (AMZN) Anthropic signed over a dozen initial agreements to lease data center facilities from US developers, and the AI company has privately discussed a plan to have Alphabet's (GOOGL) Google provide a financial guarantee for its lease payments, The Information reported.

Amazon ( AMZN ) shares rose 0.8%, and Alphabet was down 0.6%.

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