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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/10/07 19:29

03:29 PM EDT, 10/07/2026 (MT Newswires) -- Tech stocks were lower Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) down 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 2.1%. The Philadelphia Semiconductor index declined 1.5%. In corporate news, Alphabet's (GOOGL, GOOG) Google DeepMind is expanding access for SynthID Detector to everyone, after introducing an early version of the tool last year to help media professionals verify AI-generated content, it said Wednesday. Alphabet shares rose 0.6%.

03:29 PM EDT, 10/07/2026 (MT Newswires) -- Tech stocks were lower Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) down 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 2.1%. The Philadelphia Semiconductor index declined 1.5%. In corporate news, Alphabet's (GOOGL, GOOG) Google DeepMind is expanding access for SynthID Detector to everyone, after introducing an early version of the tool last year to help media professionals verify AI-generated content, it said Wednesday. Alphabet shares rose 0.6%.
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