Sector Update: Tech

Sector Update: Tech

MT newswire2026/08/31 17:02

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01:02 PM EDT, 08/31/2026 (MT Newswires) -- Tech stocks were slightly higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) fractionally higher. The Philadelphia Semiconductor index added 0.3%. In corporate news, Nvidia (NVDA) expanded its partnership with chip designer MediaTek, including a $3.5 billion investment, to support adoption of the company's proprietary interconnect technology for custom rack-scale AI chips. Nvidia shares were up 1.1%.

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Spot platinum has just broken through the $1,790.00/oz mark, now quoted at $1,790.22/oz, down 1.68% on the day; Nymex platinum futures main contract is now at $1,797.5/oz, down 3.06% on the day; spot gold has just broken through the $4,440.00/oz mark, now quoted at $4,440.14/oz, down 0.32% on the day; COMEX gold futures main contract is now at $4,489.30/oz, down 0.90% on the day.

智通财经•2026/08/31 19:36