Sector Update: Tech
MT newswire2026/09/16 17:12Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
01:12 PM EDT, 09/16/2026 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.1%. The Philadelphia Semiconductor index rose 1.6%. In corporate news, SK hynix (SKHY) said Wednesday no deals have been finalized regarding a potential US memory chip partnership with Intel (INTC), in response to a media report that the companies are discussing a possible joint venture or use of Intel's Ohio plant. SK Hynix shares rose 1.4%, and Intel gained 4.6%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Treasury Can Buy Time With Increased Buyback -- Market Talk
Dow Jones•2026/09/17 05:22
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/17 05:10
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Dow Jones•2026/09/17 05:10
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/17 05:10
