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Sector Update: Tech
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Sector Update: Tech
Mar 28, 2024 10:41 AM

01:29 PM EDT, 03/28/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the SPDR S&P Semiconductor ETF (XSD) up 0.4%.

The Philadelphia Semiconductor index edged down 0.1%.

In corporate news, Apple ( AAPL ) shares fell 1.3% after DZ Bank downgraded the tech giant to hold from buy while cutting its price target to $180 from $210.

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