Sector Update: Tech
MT newswire2026/09/23 17:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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01:21 PM EDT, 09/23/2026 (MT Newswires) -- Tech stocks fell Wednesday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) declining 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 2%. The Philadelphia Semiconductor Index shed 2%. In corporate news, Microsoft (MSFT) plans to invest more than $10 billion in capital and operating expenses on cloud and AI infrastructure across the Middle East by 2030. Microsoft shares rose 0.4%.
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