Sector Update: Tech

03:12 PM EDT, 10/19/2026 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 1.9%. The Philadelphia Semiconductor index added 1.8%. In corporate news, DXC Technology (DXC) shares rose 3.7% after Reuters reported that the company is in advanced talks to sell its insurance software and services division to Eldridge Industries for about $2.4 billion.