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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/10/15 12:51
08:51 AM EDT, 10/15/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 3.4%. Taiwan Semiconductor Manufacturing (TSM) shares were down more than 3% even after the company posted higher Q3 net income and revenue.
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