Sector Update: Tech
MT Newswires Live01:05
Tech stocks were mixed Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 0.2%.
The Philadelphia Semiconductor index was fractionally higher.
In corporate news, Meta Platforms (META) is in talks to rent out computing power from its data centers to Anthropic in a deal that could be worth up to $10 billion over two years, The New York Times reported. Meta shares were down 2%.
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