03:31 PM EDT, 04/09/2024 (MT Newswires) -- Tech stocks were higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.1%.

The Philadelphia Semiconductor Index rose 0.7%.

In corporate news, Beamr Imaging ( BMR ) shares surged 28% after it disclosed plans to demonstrate a video optimization application for real-time video streaming over 5G.