Technology Select Sector SPDR Fund

The AI trade suffered a sharp valuation compression, with tech's forward price-to-earnings ratio falling about 30% from a year earlier at its July low, a drop comparable to the dot-com bust and financ…

Stocks traded higher on Wednesday after the Consumer Price Index report showed inflation moderated in July, with the Nasdaq Composite leading major indexes as technology stocks gained. Nvidia rose 2% …

The Technology Select Sector SPDR Fund (XLK) outperformed the S&P 500 by 28 percentage points over nine weeks through early June 2026, the largest gap in the fund's history, driven by AI enthusiasm bo…