Sector Update: Tech Stocks Decline Monday Afternoon

fidelity
2025.12.15 18:44
portai
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Tech stocks declined Monday afternoon, with ETFs XLK and XSD down 0.7% and 0.8%, respectively. Oracle shares fell 2.3% after a price target cut by Wolfe Research. Spotify resolved user issues but shares dropped 3.6%. ServiceNow shares plunged 11% following a downgrade by KeyBanc. The Philadelphia Semiconductor index was down 0.2%.