The Technology Select Sector SPDR Fund is highlighted as a key beneficiary of strong Q4 earnings momentum in the tech sector, with broad profit growth driving gains. A new US-Taiwan trade deal lowering tariffs is seen as positive for the tech and semiconductor industries. Microsoft, a major holding, is cited as a top analyst pick for 2026 due to its AI leadership. However, the fund experienced mixed daily performance, declining on some days amid broader market volatility and sector rotation.