Sector Update: Tech
MT newswire2026/08/31 19:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:33 PM EDT, 08/31/2026 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) adding 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.4%. The Philadelphia Semiconductor Index increased 0.2%. In corporate news, Science Applications International (SAIC) raised its fiscal 2027 outlook on Monday as its Q2 results topped Wall Street's expectations amid organic growth. Its shares rose 2.4%.
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