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Sector Update: Tech
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Sector Update: Tech
Jan 6, 2025 11:06 AM

01:40 PM EST, 01/06/2025 (MT Newswires) -- Tech stocks rose Monday afternoon with the Technology Select Sector SPDR Fund (XLK) climbing 1.6% and the SPDR S&P Semiconductor ETF (XSD) gaining 3.1%.

The Philadelphia Semiconductor index jumped 3.6%.

In corporate news, Micron Technology ( MU ) shares surged 12%, leading a rally by semiconductor manufacturers.

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