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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/11/03 19:19
03:19 PM EST, 11/03/2026 (MT Newswires) -- Tech stocks gained late Tuesday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.2% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 3.3%. The Philadelphia Semiconductor Index advanced 2.4%. In corporate news, Meta Platforms (META) is set to raise $15 billion from the US dollar segment of its cross-border bond offering, Bloomberg reported. The euro-denominated portion of the offering is set to be sold as soon as Wednesday, the report said. Meta shares rose 1.9%.
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