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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/10/01 17:02
01:02 PM EDT, 10/01/2026 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.4%. The Philadelphia Semiconductor index added 0.6%. In corporate news, Accenture (ACN) reported stronger-than-expected fiscal Q4 results on Thursday, and it forecast earnings and revenue in the ongoing fiscal year to rise annually. Its shares jumped 18%.
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