Sector Update: Tech — TradingView News


Tech stocks rose late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.2%.

The Philadelphia Semiconductor index advanced 3%.

In sector news, President Donald Trump’s administration is considering various measures to limit the use of Chinese AI startup DeepSeek, including a ban of the chatbot from government devices due to national security concerns, the Wall Street Journal reported.

In corporate news, Apple’s AAPL improvements to its voice assistant Siri will be delayed until 2026, Reuters reported. Apple shares were rising 1.5%.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top