Sector Update: Tech

Sector Update: Tech

MT newswire2026/10/27 12:54

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08:54 AM EDT, 10/27/2026 (MT Newswires) -- Technology stocks were rising premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.7% higher and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 1%. Broadcom (AVGO) Chief Executive Hock Tan stepped into last-minute negotiations with banks to help secure a $63 billion financing package for AI startup Anthropic, The Wall Street Journal reported, citing people familiar with the matter. Shares of Broadcom were up more than 3% pre-bell.

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The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.

华尔街见闻•2026/11/06 23:26