State Street Technology Select Sector SPDR ETF News - July 17, 2026
TSMC Smashes Records but Markets Punish AI Chip Stocks Anyway — Has the Semiconductor Trade Finally Outrun Its Own Fundamentals?
Shares of the Technology Select Sector SPDR ETF (XLK) slid 3.3% to $171.70 on July 17 as a global semiconductor rout wiped out a week of gains, dragging the...
🔴 XLK is trading 2.6% down today as TSMC earnings trigger a semiconductor-led selloff
XLK is trading 2.6% down as a concentrated semiconductor-led selloff drags the broader technology sector lower. • A negative market reaction to TSMC’s record...
Technology Sector Tumbles as Global Chip Stock Sell-Off Accelerates
A deepening global sell-off in semiconductor stocks is driving the technology sector lower, fueled by investor concerns over lofty valuations and the...
🔴 XLK is trading 2.2% down today on chip-led selloff and geopolitical tensions
XLK is trading 2.2% down today on a sector-wide rotation out of expensive tech following semiconductor weakness and rising geopolitical tensions. •...