Sector Update: Tech

MT newswire2026/10/09 12:52

08:52 AM EDT, 10/09/2026 (MT Newswires) -- Technology stocks were advancing premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.7% higher. Apple (AAPL) has asked some suppliers to cut production of components for its iPhone 18 Pro and Pro Max models, Nikkei Asia reported, citing unnamed people familiar with the matter. Apple shares were down more than 2% pre-bell.

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