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Sector Update: Tech
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Sector Update: Tech
Apr 1, 2024 11:05 AM

01:36 PM EDT, 04/01/2024 (MT Newswires) -- Tech stocks were advancing Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.1% and the SPDR S&P Semiconductor ETF (XSD) adding 0.9%.

The Philadelphia Semiconductor index rose 1%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) pledged to destroy data that reflects millions of users' web-browsing histories as part of a settlement of a lawsuit that alleged the company tracked users without their knowledge, The Wall Street Journal reported. Alphabet shares added 2.5%.

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