State Street Technology Select Sector SPDR ETF News - July 24, 2026
🔴 XLK is trading 1.6% down today on surging AI CapEx and tariff concerns
XLK is trading 1.6% down today as the technology sector faces pressure from aggressive AI spending plans and shifting trade policies. • Surging AI capital...
Tech Sector Falters on AI Spending Concerns
The technology sector is trading lower due to mounting investor concerns over the high cost of artificial intelligence development. Recent earnings reports...