01:22 PM EDT, 04/05/2024 (MT Newswires) -- Tech stocks were gaining Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.9%.

The Philadelphia Semiconductor index climbed 1.6%.

In corporate news, Meta Platforms ( META ) shares jumped 3% after it said Friday it's changing its policies on handling "manipulated media" allowing more artificial intelligence-generated content on Facebook, Instagram, and Threads to avoid the risk of unnecessarily restricting freedom of speech.